Global markets lose record $5.8 trillion in October

The October loss eclipsed the previous record, which was set just one month earlier.

By
November 4, 2008 09:25

 
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World equity markets lost an estimated $5.79 trillion during October, the biggest monthly loss ever, Standard & Poor's Index Services said Monday. The October loss eclipsed the previous record, which was set just one month earlier, when 52 global equity markets lost a combined $4t. Through the first 10 months of the year, world markets have lost about $16.22t., according to S&P research.

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