Captain Packrat (captpackrat) wrote,
Captain Packrat
captpackrat

  • Mood:

Crashy

The US markets were closed today for MLK, but the rest of the world was still trading.  And it was an utter slaughter.

The FTSE 100 (UK) down 5.5%, Brussels SE BEL-20 down 5.5%, Amsterdam SE EOE down 6.15%, CAC 40 (France) down 6.8%, Australia All Ordinaries down 7.26%, RTS (Russia) down 7.38%, Hang Seng (Hong Kong) down 8%.

If the US markets open down 5-8%, that'll be a drop of over 600-1000 points on the Dow.  Futures contracts are already down about 500 points.

I am not looking forward to tomorrow morning.
Tags: stocks
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