- Intraday calls for 07-05-10
- MARKETS CRASHING ON GREECE DEBT FEARS! -DOW DOWN ALMOST 1000 POINTS, THEN RECOVERS
- Greek Debt Crisis On Verge Of ‘Going Global’: Pimco’s El-Erian
Posted: 06 May 2010 07:52 PM PDT
Posted: 06 May 2010 12:08 PM PDT
Stocks fell sharply in afternoon trade, with all three U.S. indexes briefly down 6% or more. The Nasdaq was down more than 9% earlier as worries about Greece’s debt issues mounted. The Dow Jones Industrial average fell 8.8% its biggest percentage drop since 1987. In Toronto the S&...
Posted: 06 May 2010 12:03 PM PDT
Problems with Greek debt are about to spread to other countries and could infect the US unless the nation tackles its own mounting problems, Pimco’s Mohamed El-Erian told CNBC About an hour or so after El-Erian spoke, global stocks sold off sharply with major US averages shedding m...
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