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VIDEO:News

Is The Troika To Blame For The Cyprus Contagion Fear?

Description:Wall Street fell on Monday for a second consecutive session after a proposed bailout for Cyprus ignited fears that it could threaten the stability of banks in the Eurozone.The controversial Cyprus bailout, that puts a levy on bank deposits, rattled the global financial markets. Early in the day, the Dow Jones industrial average tumbled more than 100 points to an intraday low of 14,404.21.The Dow Jones, Standard & Poor's 500 index and Nasdaq Composite initially fell in early trade, however, stock (4:59)

Source: IBTimesTV

Tags: ibtimestv

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