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Chemical Week Magazine :: CW75 Stock Performance
cw75 stock performance
2:26 PM MST | January 28, 2008 | Chemical Week Editorial Staff
The CW75 Index fell 9.8% for the week ending January 22. The decline is the biggest one-week drop since the index was launched in January 2003. The CW75’s fall was greater than the decline in broader market indexes, including the Morgan Stanley global composite and the Standard & Poor’s 500, which decreased 6.8%, and 5.1% respectively. Stock markets fell because of global investors’ concerns about the U.S. economy slipping into a recession. Stocks improved on January 22 after the U.S. Federal Reserve cut interest rates by three-quarters of a...
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