Archive | May 24, 2007

Nikkei Ends Lower; Greenspan Warns of China Contraction

By on May 24, 2007 in Market Summary

Former Federal Reserve Chairman Alan Greenspan speaks and markets move. Fortunately this time around, there was a rather muted response, as the Shanghai Composite lost 0.5% and Japanese indices lost 0.1%; U.S. stocks fell into negative territory erasing earlier gains. China’s B shares fared worse, but the reasoning behind the selling is beyond this summary [...]

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