Stock markets enter downtrend as European woes continue – 2012-06-25

Just like the market action in early May, debt issues in the eurozone were the latest rally’s undoing.

Spain requested a blank check to bailout its banking industry, while Cyprus started the bailout application process.

And things went from bad to worse in Greece. The word on the street is that the new Greek Finance Minister, named to the position last week, has already resigned due to health reasons.

Continue reading: Stock markets enter correction as European woes continue

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One Response to Stock markets enter downtrend as European woes continue – 2012-06-25

  1. Pawan says:

    No major british economic data will be released on Friday, so investors will focus on a batch of U.S. pointers, in advance of U.S. third-quarter GDP.

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