US growth downgrade weighs on world markets

Us Growth Downgrade Weighs World Markets - Politics, Business, Civil, History - Posted: 24th Nov, 2009 - 3:54pm

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Business - European Economy
Post Date: 24th Nov, 2009 - 3:54pm / Post ID: #

US growth downgrade weighs on world markets

US growth downgrade weighs on world markets (AP)
European Business News

In this Monday, Nov. 23, 2009 photo, Specialist William Brazer works at his post on the floor of the New York Stock Exchange. Slow consumer spending, weakness in commercial construction and the nation's trade gap all likely contributed to the lower growth expectation on Tuesday.(AP Photo/Richard Drew)AP - European and U.S. stock markets fell Tuesday after the U.S. government said the U.S. economy did not grow as fast in the third quarter as previously estimated, stoking fears that the recovery in the world's largest economy will be slow.



Source: Yahoo! News: Business - European Economy

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