Rollercoaster spells correction

Original article by Michael Koziol
The Australian Financial Review – Page: 33 : 17-Oct-14

The US and European sharemarkets were heavily sold down on 16 October 2014. The Dow Jones Industrial Average closed 173 points lower, after shedding 368 points early in the trading session. Sharemarket indices in countries such as Germany, France, Spain and Japan have officially entered correction mode, having shed more than 10 per cent, while Australia’s benchmark S&P/ASX 200 has fallen by more than eight per cent in recent weeks

CORPORATES
DOW JONES INDUSTRIAL AVERAGE INDEX, STANDARD AND POOR’S ASX 200 INDEX, TOKYO STOCK PRICE INDEX, SHANGHAI COMPOSITE INDEX, CAC 40 INDEX, NASDAQ COMPOSITE INDEX, PSI 20 INDEX, EUROPEAN CENTRAL BANK, RESERVE BANK OF AUSTRALIA, UNITED STATES. FEDERAL RESERVE BOARD, MORGAN STANLEY AUSTRALIA LIMITED

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