US stock indices plunged more than 2% on Friday

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Source: Marketwatch
US stock indices tumbled on Friday as disappointing macroeconomic data both from Europe and China boosted anxiety the global economy is worsening and sent US shares lower. S&P 500 index fell 2.46% or 32.29 points and finished at 1,278.04 experiencing a worst trading day in six months. Dow Jones Industrial Average index lost 2.22% or 274.88 points and closed at 12,118.57, 2.7% down for the week. Nasdaq Composite dropped 2.46% or 32.29 points 1,278.04.
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Mon, 04 Jun 2012 09:50:18 GMT

European shares dropped sharply on Friday

European equities plunged on Friday reflecting composite negative effect from weaker Eurozone and China manufacturing data. Disappointing US payrolls also contributed to the drop. Stoxx Europe 600 declined 1.9%, Spanish IBEX 35 gave up 0.4% and posted a 7% fall for the week. British FTSE 100 lost 1.1% and German DAX closed 3.4% down. French CAC 40 slipped 2.2%. 

Mon, 04 Jun 2012 09:28:18 GMT

Aussie and Kiwi lower on global growth fears

The Australian and New Zealand Dollar depreciated on worries the global growth has been hit by European debt crisis and expansion slowdown in US. The short selling of Aussie hit a record high as traders bet on national currency's drop versus greenback. Australian Dollar lost 0.4% against its US peer to USD 0.9666 while New Zealand Dollar declined 0.2% to USD 0.7530.

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