The Middle East war set off a shock wave of alarm and uncertainty in the world's commercial centers. It spread through financial districts from London's City to Tokyo's Kabutocho, then receded as the scope and speed of Israel's triumph became manifest. Items:
> Stock market prices plunged when the fighting began, with international oil stocks leading the way down. On the New York Stock Exchange, the Dow-Jones industrial average had been drifting downward since last month. On the war's first day, the average fell by more than 20 points in particularly heavy trading after the opening, and finally closed off...
To continue reading:
or
Log-In
