Monday, March 10, 2003

3 Years After Nasdaq Peak, Investors Crave Safety Exactly three years ago, all seemed bright to investors. Now there is little to cheer about. It was on March 10, 2000, that the Nasdaq composite index hit a peak of 5,048.62. It had doubled since the previous summer, and those who had warned of a bubble in technology stocks had been so wrong for so long that few listened to them any longer. [1,278.36 at close on March 10, 2003, loss of 3,734.62 over 3 years or 74%] 1:05:51 PM  Google It!  comment  []

Treasury Yields Near Four-Decade Lows Benchmark U.S. Treasury yields were fast approaching their lowest levels since 1958 on Monday on intense speculation that the Federal Reserve would have to cut interest rates again to support the struggling economy. 12:31:03 PM  Google It!  comment  []

Anxiety in Tokyo as stocks fall to 20-year low TOKYO The benchmark Nikkei 225 Stock Index fell to fresh 20-year lows Monday, dropping below 8000 points for part of the day and setting off alarm bells in the Japanese government and central bank. 12:26:30 PM  Google It!  comment  []

DAX at new 7-year low as Telekom, Munich Re slide Deutsche Telekom's seven percent tumble helped knock Germany's DAX to fresh seven-year lows on Monday afternoon as a record loss and fears over pension funding battered stock in the telecoms giant. 12:25:20 PM  Google It!  comment  []