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BREAKING US markets tanking - S&P 500 & Nasdaq down >7%

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Comments

  • JamesU
    JamesU Posts: 1,060 Forumite
    Part of the Furniture Combo Breaker
    "I think the machines just took over," said Charlie Smith, chief investment officer at Fort Pitt Capital Group.

    That fine then, nothing to worry about is there.

    JamesU
  • ChiefGrasscutter
    ChiefGrasscutter Posts: 2,112 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    amcluesent wrote: »
    >Bond markets re-open at 01:00 for the election trading special<

    Who authorised this? Could only have been Clown, completing his final act of scorching the earth for the incoming administration. I do hope Merv at the BoE takes them to the cleaners, esp. if he can take a few £M off Goldman

    As requested by the UK bond market participants themselves - to the avoid the possible scenario of them coming in on Friday morning and finding all manner of things "had happened" overnight etc and finding themselves in a bad trading position while others open during our nightime had taken advantage of the changed "situation". In short (so to speak!) they want to be at their desks to take full advantage of the developments in the UK election and its affects on the bond market as it happens.....
  • globalds
    globalds Posts: 9,431 Forumite
    edited 6 May 2010 at 9:39PM
    Tory majority is dropping at a fair old rate at betfair.

    2.4 to 2. 26 in 10 minutes

    Maybe the tories have done it

    Update Tory majority ...Favourite at betfair
  • Mr_Mumble
    Mr_Mumble Posts: 1,758 Forumite
    "The state is the great fiction by which everybody seeks to live at the expense of everybody else." -- Frederic Bastiat, 1848.
  • Mr_Mumble
    Mr_Mumble Posts: 1,758 Forumite
    FT Markets Live is now having a special session to keep everyone up-to-date with the 1am market opening:

    http://ftalphaville.ft.com/marketslive/
    "The state is the great fiction by which everybody seeks to live at the expense of everybody else." -- Frederic Bastiat, 1848.
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