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US Stocks Ease Losses, Other Markets Down Sharply
Date: 3/1/2007 3:49:08 PM Sender: By VOA News

                                   US Stocks Ease Losses, Other Markets Down Sharply
                                                      By VOA News
                                                     01 March 2007
  
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Traders at the New York Stock Exchange
U.S. stock markets posted slight losses in Thursday＇s afternoon trading, after briefly making some slight gains. Early in the day, U.S. stock prices plunged as much as two percent.

European markets were down sharply. Key indexes were off as much as 2.4 percent in early trading, but losses eased to about one percent by the close of trading.

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Chinese investor reacts at private security company in Shanghai, 1 Mar. 2007
The stock market troubles began earlier this week on concerns about the health of Chinese markets and the U.S. economy.

The Shanghai index lost nearly three percent on Thursday. An even more drastic drop in Shanghai shares earlier this week sparked the current market sell-off.

Shares in Hong Kong dropped 1.5 percent, while Japan＇s market closed about 0.9 percent lower.

Smaller markets in New Zealand and the Philippines rebounded.

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