By financen | May 19, 2010 - 3:52 pm - Posted in Economy, Stock Market

Worries about Europe’s debt problem grew after Germany and the stocks were falling again today. In the morning the Dow Jones Industrial Average had lost 74 points and down to 10,437, Nasdaq was down to 17 points to 2,300, and S&P had down to 1114 after lost 6 points.

Germany’s ban effect the euro as it continues to fall. After Germany’s announcement euro fell down in the morning to the 4 year low of $1.0144.

What is short sell?

It is a bet that short sellers play, they expect that the value of an asset will fall.

This entry was posted on Wednesday, May 19th, 2010 at 3:52 pm and is filed under Economy, Stock Market. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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