Pressure on stocks continues on Monday, August 17. Clinton in a quandry, Indonesia "celeberating" her independence day with possible rioting on the street. Problems for companies with substantial business derived from Asia. Fortunately Dell is not one.
Monday August 17, 1:05 am Eastern Time
Globex S&P 500 futures slide in afternoon Tokyo
TOKYO, Aug 17 (Reuters) - The key September S&P 500 stock futures traded on Globex
were down more than 10 points in early afternoon Tokyo trading amid growing concerns
over global stock markets, traders said on Monday.
At 0437 GMT GMT, it was down 10.80 points at 1,051.50.
The index's decline, in turn, helped drag down Tokyo's benchmark Nikkei 225 share average, which slid over three percent in
nervous trading, traders here said.
The market was also jittery ahead of President Bill Clinton's planned testimony before a grand jury later on Monday.
Clinton was expected to admit to an ''inappropriate relationship'' with Monica Lewinsky, but to insist he did not tell anybody to
lie, a source familiar with his preparations said on Sunday. |
