Markets News Friday: Shares continue to slide; New York Stock Exchange investigates glitch; Smurfit Kappa reports Q1 loss; Spain out of recession
May 7th, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Markets news on stocks. currencies and commodities; The US stock market plunged Thursday afternoon in about a five-minute selloff that appeared to be triggered by a systems breakdown. After diving almost 1,000 points, the market rebounded but still closed down 3.2%, leaving Wall Street and the New York Exchange struggling to figure out what happened.