New York (Reuters)-the U.S. stock market over the 2008 credit crisis, Europe's debt, the United States credit the collapse of the global economy sputtering degradation and maimed, the worst quarter of the deep.
The steep slide out last Friday the fifth a month from the loss of the weak economy, and investment bank data China Morgan Stanley worry about European Banks expose slump sparked worries about the global economic slowdown.
The s&p 500 stock index has lost more than 14% this quarter, and September over 7%. By Thursday, Wall Street in the third quarter, destroy the downturn $2.2 trillion Wiltshire 5000 index-the us stock market the most extensive measures.
Joseph Mazzella, New Jersey, in the west, knight capital, traders said "" senior market why so soft, so weak? Because '08 still in people's memory of fresh.
Inventory has attracted the threat of economic slowdown and fear, the Greek debt default may cause similar in September 2008 by lehman brothers the impact caused by the credit, and sent to a deep into the market.
In the world's second largest economy landing concerns with China manufacturing industry in the third consecutive month of investors joined the powerful down the combination.
HSBC bank of China's purchasing managers index shows, flash since 2009, the longest of the world economy, one of the rare expansion as China's a worrying signs of contractional winning streak.
"Economic engine, has been pushing growth has been to China, if BaiFeiDaiXing, once again, the frightening, said:" Mazzella.
Investors will be looking to China's official PMI, launched last Saturday, some of which may be a small rise again in September. Any disappointment, there will be a blow to the market.
Financial shares and frustrated, Morgan Stanley 10.5% year-on-year drop, "the first $13.51, for investors in response, worried about the credit markets signal.
Morgan Stanley's five years, in recent days to almost three times as June 30 what bond insurance cost is soaring. This past SanNian years removed in all of its income.
The dow Jones industrial average stock price index fell 240.60 points, or 2.16%, to 10913.38. The s&p 500 stock index fell 28.98 points, or 2.50%, to 1131.42. The nasdaq composite index fell 65.36 points, or 2.63%, to 2415.40.
Wall Street's "fear gauge", the Chicago board options exchange (CBOE) volatility index, volatility index, up more than 10% to 42.96, in the middle of August, the highest close since, which suggests that investors expect more volatility.
"There is a lot of fear, gross domestic product (GDP) growth will slow down, or it will not want as fast as expected, consistent assumptions" said, California, Ross capital in Newport beach, analysts Krejcik Adam. "Generally have a lot of fear, just a trust crisis."
On Thursday, Morgan Stanley to all the countries of the world index has lost $4.7 trillion in market value. The us benchmark s&p 500 index had lost in this quarter's value of 1.7 trillion dollars.
Consumer prices in the euro area annual 3.0% in September, and then surprising unexpected increase of higher inflation Germany.
In what is probably a quarter earnings season precursor, Ingersoll rand PLC dropped 12.1%, to $28.09, after the industrial group cut their third quarter and full year profit forecast of the below market expectations. Morgan Stanley periodic index fell 3.6%.
Market reaction is of two us better than analysts expected economic report.
In parts of the American Midwest business growth than expected in September, and new order, and employment jump encouraging.
For the Chicago supply management business barometer of September to unexpected increase more than economists had forecast.
Show U.S. consumer confidence in late September, but worry about employment opportunities and finance, this may suppress household spending in the next few months continued to improve, Reuters/university of Michigan consumer confidence index of the final overall September at university.




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