Mexican markets hammered by U.S. economy worries

Posted on: July 27th, 2007
Filed Under: [ Business ] [ Hispanic News ]
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“Mexican stocks, bonds and the peso got clobbered on Thursday as weak U.S. economic data and fears of a global credit crunch sent investors scurrying out of risky assets worldwide.

The IPC index < .MXX> of leading shares slumped 5.6 percent to 29,356 points, en route to its largest one-day drop since Feb. 27, when a steep drop in China rattled global markets.”

Read more: http://today.reuters.com
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