European And American Stock Markets Suffered A Sharp Fall On The 10 Day, &Nbsp; Gold And Silver Prices Surged And Oil Prices Rebounded.

Investors' worries about the economic and debt situation in Europe and America are far from over. On the 10 day, the three major indexes of the US stock market in New York closed down more than 4%, while European stock markets also fell again after noon.

US stocks plunge and worry repeats 2008 Finance crisis

On the 10 day, all kinds of bad news in the international market, especially the rumors that the sovereign credit rating of France might be down, and the worsening of the Greek debt problem made the market panic. The Dow Jones Industrial Average Index of 30 industrial stocks dropped sharply by 300 points.

On the 10 day, the US stocks were extremely depressed, and by the end of the close, US stocks accelerated to dive, and panic caused people to accelerate the sell-off of stocks. At the close of the New York stock market, the Dow Jones index fell 519.83 points over the previous trading day, closing at 10719.94 points, or 4.62%, while the standard & Poor's 500 stock index fell 51.77 points to 1120.76 points, or 4.42%, while the Nasdaq composite index fell 101.47 points, or 2381.05 points, or 4.09%.

Analysts are worried that the current trend in the US market is a replica of the 2008 financial crisis. From September 2008 to December, the US stock market went down in a severe concussion, with up to 27 days' rise and fall of over 4%.

Pessimistic news even exposes European stock market once more Plunge

After 9 days of stabilization, European stock market fell again on the 10 day. After opening early, most of Europe's stock market continued the previous day's rally. But from the Italy Milan stock market in the afternoon, European stocks once again experienced a nightmare of plummeting. The rumours of Greece's rescue problems and the decline in French sovereign ratings have been the booster of this decline.

The main European stock markets plummeted after 16 hours local time, while the German and Italy stock markets both fell by more than 6%. At the close, London's financial times 100 stock average price index closed at 5007.16 points, down 157.76 points, or 3.05%, compared with the previous day.

Paris's CAC40 stock index suffered from a slump and ended at 3002.99 points, down 173.20 points from the previous trading day, or 5.45%. The German stock market in Frankfurt fell 5.13%, while the Milan stock market in Italy dropped by 6.65% while the Madrid Stock Market in Spain dropped 5.49%.

Gold and silver prices surged oil price Rebounded

Gold futures prices continued to rise strongly on the 10 day of the New York Mercantile Exchange on the basis of continued support from market hedge buying. The most active December contract on the day was closed at $1784.3 an ounce, up 41.3 US dollars from the previous trading day, or 2.4%, and the highest intraday price to 1801 US dollars.

On the 10 day, the silver futures price for September delivery rose 1.444 US dollars to close at $39.327 an ounce, or 3.8%. Platinum futures in October closed at $1771.1 an ounce, up 15.3 from the previous trading day, or 0.87%.

Oil prices have risen. On the 10 day of closing, the New York Mercantile Exchange's September light crude oil futures price rose 3.59 US dollars, closing at 82.89 US dollars per barrel, or 4.53%. Brent crude oil futures for September delivery in London market rebounded 4.11 US dollars to 106.68 US dollars per barrel, Beihai. Gain It is 4.01%.