Thursday, July 26, 2007

NYSE imposes trading curbs as stocks tumble

(Reuters) - The New York Stock Exchange said on Tuesday it instituted downside trading curbs at 11:06 a.m. (1506 GMT) as U.S. stocks fell sharply on concerns about deterioration in the credit markets.

The New York Stock Exchange Composite Index, which is used to determine when to begin trading curbs, was down 205.45 points, or 2.07 percent, at 9,724.47.


Read more at Reuters Africa

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