Asian Stocks Plummet On New Terror Threat
Big News Network.com, Australia - 2 August
Tokyo's Nikkei stock average was down by more than 1% on Monday as traders reacted to U.S. warnings of an al-Qaeda threat against key financial institutions in the United States.
The airline industry and insurance companies were particularly hard hit as Washington increased the terror threat for New York City, Washington DC and northern New Jersey [[Holland Tunnelis closed from New Jersey]] ... The U.S. dollar also unwounded some of its recent gains...111.11 versus the yen.