European Markets Slide on Lehman, Merrill Woes

This article is from the archive of The New York Sun before the launch of its new website in 2022. The Sun has neither altered nor updated such articles but will seek to correct any errors, mis-categorizations or other problems introduced during transfer.

The New York Sun

PARIS — World stock markets swooned again today as global financial crisis make investors worry that asset prices had yet to hit rock bottom.

At midday, Paris’ benchmark CAC-40 index was down 0.5% to 4,150.24, Germany’s DAX 30 index of blue chips was down 1.04% at 6,000.91 and the FTSE-100 share index was 1.3% lower at 5,135.90 in London.

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