Word: thursdays
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...Thursday brought dreaded confirmation that markets look set to remain in tank mode until they find reason for taking heart anew. In addition to the 11.4% slump of Nikkei - its biggest single-day drop since the October, 1987 crash - trading Thursday elsewhere in Asia pushed Hong Kong's Hang Seng down 4.8%, South Korea's down 9.44%, and Singapore Straights Times Index down 5.5%. Europe faired no better, with London's FTSE 100 and Paris' CAC 40 indices reflecting mid-morning declines of nearing 2.5%, and Frankfurt's Dax off 1.3%. Market commentators warned that trading could see-saw throughout...
...Following their short-lived surge earlier this week, world stock markets on Thursday took a seriously bearish stance, drawing markets that had already slumped Wednesday further down. Tokyo's Nikkei lost more than 11% - virtually wiping out its stunning spurt earlier in the week - and bourses elsewhere in Asia and across Europe experienced steep falls. What is inspiring traders to dump stocks in droves is a darkening economic outlook that continues to destabilize markets...
...traders will likely remain tough to wow. According to a draft that Reuters obtained of a final statement written for Thursday's conclusion of the summit of European Union leaders in Brussels, resolutions have largely been limited to approving the rescue plan and coordinated strategies of eurozone nations, along with vague promises of help when the crisis-aggravated recession sets...
...this the moment the European Union's ambitious climate change agenda unraveled? At the end of the two-day E.U. summit in Brussels Thursday, European leaders congratulated one another on their bold bank rescue plans. But the mutual backslapping might have provided perfect cover for a retreat from their long-standing commitment to reduce Europe's overall CO2 emissions by 20% by 2020, compared to 1990 levels...
There’s a chaotic scene in the Mather Junior Common Room on Thursday nights. As rehearsal for co-ed a cappella group The Opportunes winds down, the group’s members are so engrossed in talking to one another that they barely notice onlookers. They plan their weekend retreat—scary movies get a thumbs-up, but movie-musicals are promptly vetoed. The group breaks into a rendition of M.I.A.’s “Paper Planes,” prompting someone to jokingly announce next week’s auditions for the gunshot...