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                    Global Markets Enduring Another Bad Day

   by VOA News

   Global markets are once again on a downward path Thursday, with
   investors fleeing to safer investments as oil prices fall below $30 a
   barrel.

   The benchmark indexes in Frankfurt, London and Paris were all trading
   between two and three percent lower by mid-afternoon, extending a rout
   that first began in Asia.

   Hong Kong's Hang Seng index lost 742 points, or nearly four percent, to
   close at 18,545.80, while South Korea's Kospi index lost nearly three
   percent to close at 1,861.54. It was the first day of trading for both
   indexes after a three-day break for the Chinese New Year.

   Shanghai and Taipei remained closed for the Chinese New Year, while
   Japan's benchmark Nikkei was closed for a separate public holiday.

   Thursday's selloffs in Asia and Europe are likely to extend to Wall
   Street, with the S&P 500 futures sinking nearly two points ahead of the
   opening bell in New York.

   ''The U.S. dollar fell to its lowest point against the yen since late
   2014, after U.S. Federal Reserve chairman Janet Yellen signaled to
   congressional lawmakers Wednesday that the board would delay further
   interest rate hikes.
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   [1]http://www.voanews.com/content/global-markets-enduring-another-bad-d
   ay/3186340.html

References

   1. http://www.voanews.com/content/global-markets-enduring-another-bad-day/3186340.html