Share prices, commodities and the euro fell sharply as investors fled risky assets amid growing fears of a eurozone banking crisis and rising tension between North and South Korea. Stock markets took a pounding on Tuesday, leaving the FTSE Asia-Pacific index down 3.1% at a 10-month low. On Wall Street, the Dow slipped through 10,000 as the dollar and US Treasuries strengthened, the FT reported. See also the FT’s global rolling market overview.

This entry was posted by Stacy-Marie Ishmael on Tuesday, May 25th, 2010 at 20:32 and is featured in The 6am Cut London (26 May 2010), The Closer (25 May 2010) . Tagged with Banks, Equities, europe, eurozone, geopolitics. Edit this entry.