Wall Street, dreary plain! Friday, in the trading rooms, there was a battlefield atmosphere the day after a bitter defeat. This week, the markets experienced two crashes. On Monday, the major indices plunged 8% and Thursday they fell more heavily with declines of around 10%. Thursday, the CAC 40 had the worst session in its history with a tumble of 12.28%. On the same day, Milan lost almost 17%. Indices everywhere have seen historic declines. Wall Street had its darkest day since 1987: -10% for the Dow Jones.
Since February 19, when it had risen to more than 6,100 points, the flagship index of the Paris Bourse, which groups the 40 largest French companies, has lost more than 30% of its value. Unheard of in such a short time. "The shock taken by the markets this week exceeds by its violence that which had followed the bankruptcy of Lehman Brothers in 2008 ", according to Sébastien Barbe,
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