ニューヨーク株式市場の下げが続く

The stock market capped its worst three-day selloff in five years on Friday, once again led by pain in the technology and financial sectors.The Dow Jones Industrial Average ended 223.55 points lower to 13042.74, and the S&P 500 lost 21.07 to 1453.70. The Nasdaq Composite Index declined 68.06 to 2627.94, or 2.5%.In the past three days, the Nasdaq has tumbled nearly 7%, while the Dow and S&P 500 have fallen about 4.5% and 4.4%, respectively. That was the worst three-day performance for each index since November 11, 2002.

　下げているなあ。テクノロジー株、金融株主導の下げというけど、根本に横たわるのはサブプライム問題。いまだに影響が見えない。証券化を利用した信用創造システムが壊れて、信用収縮の逆回転に入ったという見方なのだろうか。そうなると、傷は深いけど。