Share markets around the world are still trying to come to terms with a number of issues including rising inflation, interest rates and energy prices, reduced liquidity and appetite for risk.
Stocks Plunge on Mixed Inflation Signals; Dow Tumbles 86 Points, Erasing 2006 Gains
"Wall Street resumed its retreat with another session of steep losses Tuesday as declines in oil and gold prices did little to calm anxiety over inflation. The selloff erased the Dow Jones industrial average's gains so far in 2006."
"The Dow tumbled 86.44, or 0.8 percent, to 10,706.14, after losing nearly 100 points on Monday. The Dow is now down 0.11 percent for 2006."
"Overseas stock markets continued suffering from concerns that rising interest rates will U.S. demand for foreign-made products. Japan's Nikkei stock average plunged 4.14 percent to a two-year low, and stocks in India slid 4.4 percent to a 52-week low."
"Elsewhere overseas, Britain's FTSE 100 lost 1.8 percent, Germany's DAX index sank 1.92 percent and France's CAC-40 was lower by 2.24 percent."
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