Turbulent times for global markets
- From: Vol 3, Issue 8 (August 2002)
- Category: Performer of the month
- Region: Unspecified
- Country: France and United States
- Related Companies: Aguas Argentinas, AquaSource, Bechtel, Millipore, Ondeo/Suez, Osmonics, Pennon/South West Water, Philadelphia Suburban, United Utilities, United Water, US Water LLC and Veolia Environnement (formerly Vivendi Environnement)
Global markets faltered in July as the US economy wobbled, Brazil’s financial woes flared, and investors watched and worried as the current bear market reached new lows.
High market volatility set the tone for July, with major market indices bouncing wildly. At one point, the Dow Jones Industrial Average (DJIA) rocketed up by 488.95 points, or 6.3%, setting the largest single-day gain in over 15 years. European markets rallied as well, with the FTSE 100 jumping 5% in a single day, marking its largest one-day ...
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