In [A href="vny!://www.findnewspapers.com/news/news-44.html"]financial news[/A] world markets fell today... there were steep declines such as 4% in Asia. Wonder if we're enterring a bear market?
the overseas markets generally follow the movement of the US markets. If the Dow Jones or the Nasdaq closed up, as it did today, expect the Asian markets to close up tonight (Asia is around 12-15 hours ahead of us) or the European markets closing higher tomorrow morning, our time.
3-4% swing in the Asian markets is nothing
Its all Murdoch's fault I bet. ;)
When the evil empire takes over the voice of the markets, panic ensues.