Vendredi Noir?

[marmar]

:scared:



Global Stocks, U.S. Futures Fall, Led by Carmakers; Yen Rallies

By Sarah Jones

Oct. 24 (Bloomberg) -- Stocks tumbled around the world and U.S. futures fell on concern the global economic slump will crimp earnings. Treasuries rose as investors sought the safest assets, and the yen climbed to a 13-year high against the dollar.

Trading in futures on the Standard & Poor's 500 Index and the Dow Jones Industrial Average was limited to prevent contracts from further declines after drops of more than 6 percent. The U.K.'s FTSE 100 Index sank 7.5 percent and the pound slid the most versus the dollar since 1971 after the economy shrank for the first time since 1992. South Korea's Kospi Index slumped 10 percent as the country's economy grew at the slowest pace in four years.

The MSCI World Index lost 3.8 percent to 876.16 at 12:09 p.m. in London, extending this week's retreat to 7.9 percent. Futures on the S&P 500 expiring in December fell 6.6 to 855.2, reaching the ``limit down'' level.

``The panic levels are now quite unseen,'' said Christian Gattiker, Zurich-based head of equity research at Bank Julius Baer & Co. which manages about $307.6 billion globally. ``It's difficult to have any words for this situation right now.''

The MSCI World has plunged 45 percent in 2008, headed for its worst year on record, as credit-related losses and writedowns topped $660 billion in the worst financial crisis since the Great Depression.

Toyota Motor Corp. tumbled 6.4 percent following its first drop in quarterly sales in seven years, while PSA Peugeot Citroen slipped 14 percent after cutting its forecast. General Motors Corp. slid 10 percent in Europe.

NYSE Trading

Trading below the ``limit down'' level for the S&P 500 futures will resume when U.S. exchanges open for regular trading at 9:30 a.m. New York time, said Jeremy Hughes, a London-based spokesman for the Chicago Mercantile Exchange.

The New York Stock Exchange will open for trading today, said Richard Adamonis, New York-based spokesman for the exchange.

Russia's Micex Stock Exchange suspended trading until next week after shares slumped as much as 15 percent. ......(more)

The complete piece is at: http://www.bloomberg.com/apps/news?pid=20601087&sid=aLD.lHY14Fm8&refer=home

[AllieB]

1. J'ai peur, mon ami.

:scared:

[Eurobabe]

2. Schwartzen Freitag!

[Mira]

4. Schwarzer Freitag (FYI)

[Eurobabe]

9. thanks for that correction, it was really necessary

:eyes:

[Mira]

10. I hope you don't think I'm an ass ! It was a sort of automatic thing, I once was German

born in an earlier part of my life :)

[Eurobabe]

13. Admittedly, at first I did think you were an arse

I've been struggling to learn German for almost 3 years, and this has been a very difficult period for me -- not in class right now, not working, it sucks. I've always had problems with the adjektivendungen anyhow, but perhaps I am being a little overly sensitive. :shrug:

[TahitiNut]

12. ...unless the (understood) object of a preposition, no??

der ... den???

(It's been a long, long time since my high school and college German classes.)

[panAmerican]

3. Je crois que oui; tout de meme, j'espere que je n'aurai pas raison.

[Mira]

5. Moi aussi (check our avatars)

[panAmerican]

6. LOL, cool! I guess we both admire Arundhati!

[raccoon]

7. I like Guy Noir better. thanks for the link. nt

[trof]

8. merde

:nuke:

[RainDog]

11. zut alors!

I don't think we're anywhere near hitting bottom with this mess.

Housing. Credit cards... and then?