CovOps
Location : Ether-Sphere Job/hobbies : Irrationality Exterminator Humor : Über Serious
| Subject: OUCH: Stock futures drop after Boehner "cliff" vote falls short Fri Dec 21, 2012 1:07 am | |
| U.S. stock index futures fell sharply after a Republican proposal for averting the "fiscal cliff" failed to muster enough support on Thursday, raising concerns lawmakers won't be able to come to a deal, putting the world's largest economy at risk of recession.
S&P 500 E-Mini stock futures plunged on the news in a matter of seconds - falling as much as 3.6 percent in a mini "flash crash" that even caused a halt in trading of one March E-Mini futures contract because of the sharp move.
The market rebounded from there, but futures were still down 1.5 percent by 0400 GMT Friday. Dow Jones stock futures dropped 1.6 percent and Nasdaq futures were down 1.5 percent.
http://www.reuters.com/article/2012/12/21/us-markets-stocks-idUSBRE8BG0D620121221 _________________ Anarcho-Capitalist, AnCaps Forum, Ancapolis, OZschwitz Contraband “The state calls its own violence law, but that of the individual, crime.”-- Max Stirner "Remember: Evil exists because good men don't kill the government officials committing it." -- Kurt Hofmann |
|