Chile stocks clock biggest drop in over 20 months on Fed, China data
SANTIAGO, June 20
SANTIAGO, June 20 (Reuters) - Santiago's blue-chip IPSA stock index tumbled to close a preliminary 2.88 percent lower on Thursday, registering its biggest drop in over 20 months after the U.S. Federal Reserve said on Wednesday that it may scale back its stimulus measures.
Economic data on Thursday showing Chinese factory activity fell to a nine-month low in June added to the sense of global unease as investors feared emerging market countries will also suffer from falling demand and prices for their commodities exports.
- Palestinian fighters raid Israel on Gaza "truce" day |
- Hague court orders Russia to pay $50 billion in Yukos case
- Man found dead trapped between elevator and shaft wall in NYC
- Ukraine claims more territory as fight intensifies with rebels
- Huge blaze out of control in Tripoli battle as Libya slides into chaos |