Annex A
History of the Crisis from 2007 to the Present
DATE 10 July 2007 | The stock markets have recorded a substantial fall after the announcement of S&P ratings' cut, for more than $5 billion, of several securitisations having subprime mortgages as underlying. | |||
COMMENTS ON THE DAY'S EVENTS | INDEX | VALUE | VARIATION | |
1 DAY | 1 WEEK | |||
Stock markets have closed down in low volume trade after the news from America about the first difficulties regarding the subprime mortgages solvency. | FTSE MIBDAX 30CAC 40IBEX 35FTSE 100EURO STOXX 50EURO STOXX BANKS (EU)HANG SENG 45SHANGAI 300NIKKEI 225SP 500 | 42039.00 7964.76 6019.22 14823.90 6630.90 4474.15 460.28 22885.84 3775.62 18252.67 1510.12 | -1.19 % ... |
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