{"id":606677,"date":"2009-11-26T12:59:55","date_gmt":"2009-11-26T17:59:55","guid":{"rendered":"http:\/\/www.businessinsider.com\/red-thursday-european-markets-turn-into-a-bloodbath-2009-11"},"modified":"2009-11-26T12:59:55","modified_gmt":"2009-11-26T17:59:55","slug":"red-thursday-european-markets-turn-into-a-bloodbath","status":"publish","type":"post","link":"https:\/\/mereja.com\/index\/606677","title":{"rendered":"RED THURSDAY: European Markets Turn Into A Bloodbath"},"content":{"rendered":"<p>The European markets turned into a total debacle today. The Dubai default, and its effect on <a href=\"http:\/\/www.businessinsider.com\/how-scroomed-are-hsbc-and-standard-chartered-on-dubais-default-2009-11\">European banks<\/a>, is the most-cited reason.<\/p>\n<p style=\"padding-left: 30px;\"><a href=\"http:\/\/online.wsj.com\">WSJ<\/a>: European shares recorded their biggest one-day drop since April on Thursday, with banks leading a broad tumble for markets amid<br \/> worries about exposure to Dubai debt.<\/p>\n<p> The pan-European Dow Jones Stoxx 600 index closed down 3.3% at 239.85, a level not seen since early November.<\/p>\n<p> The U.K. FTSE 100 index closed down 3.2% at 5194.13, the French CAC-40 index ended down 3.4% at 3679.23 and the German DAX index closed down 3.3% at 5614.17.<\/p>\n<p>Enjoy the rest of the day off, and for the sake of the economy, please base your shopping decisions based on how rich you thought you were <em>Wednesday<\/em>, thank you very much.<\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/red-thursday-european-markets-turn-into-a-bloodbath-2009-11#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/how-scroomed-are-hsbc-and-standard-chartered-on-dubais-default-2009-11\">Just How Scroomed Are HSBC And Standard Chartered On Dubai&#8217;s Default?<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/us-futures-plunge-2-on-dubai-default-news-2009-11\">US Futures Plunge 2% On Dubai Default News<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/potential-dubai-default-rocks-financial-markets-while-dollar-soars-on-panic-buying-2009-11\">Potential Dubai Default Rocks Financial Markets, While Dollar Soars On Panic Buying<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The European markets turned into a total debacle today. The Dubai default, and its effect on European banks, is the most-cited reason. WSJ: European shares recorded their biggest one-day drop since April on Thursday, with banks leading a broad tumble for markets amid worries about exposure to Dubai debt. The pan-European Dow Jones Stoxx 600 [&hellip;]<\/p>\n","protected":false},"author":288,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4821],"tags":[],"class_list":["post-606677","post","type-post","status-publish","format-standard","hentry","category-news"],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9NivD-2xP7","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/606677","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/users\/288"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/comments?post=606677"}],"version-history":[{"count":0,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/606677\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/media?parent=606677"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/categories?post=606677"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/tags?post=606677"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}