Thursday, July 26, 2007

Mexican markets hammered by U.S. economy worries

(Reuters) - MEXICO CITY, July 26 - Mexican stocks, bonds and
the peso were slammed on Thursday as weak U.S. economic data
and fears of a global credit crunch caused investors to bail
out of risky assets worldwide.




The benchmark IPC stock index slumped 3.56 percent
to 29,996.60 points, its steepest one-day fall since Feb. 27,
when tumbling Chinese shares rattled global markets.


Read more at Reuters.com Bonds News

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