Australia

[RIDDICK]

Why is the Australia market tanking so bad today/tonight? Is this a sign other world markets could go negative soon too? I know it's a small percentage of the I fund but still it's a big drop.

[ayla]

Seems like this might be cause of decline in the Australia market tonight- if metal prices affect other markets too, then maybe this downfall might spread --

Australian shares close lower on resource sell-off - UPDATE
01.04.07, 1:08 AM ET

SYDNEY (XFN-ASIA) - Share prices closed lower as investors sold resource stocks following a fall in metal prices overnight, including a 4.2 pct decline in copper to fresh eight-month lows, dealers said.

http://www.forbes.com/markets/feeds/afx/2007/01/04/afx3297359.html

[RIDDICK]

Seems like this might be cause of decline in the Australia market tonight- if metal prices affect other markets too, then maybe this downfall might spread --

Australian shares close lower on resource sell-off - UPDATE
01.04.07, 1:08 AM ET

SYDNEY (XFN-ASIA) - Share prices closed lower as investors sold resource stocks following a fall in metal prices overnight, including a 4.2 pct decline in copper to fresh eight-month lows, dealers said.

http://www.forbes.com/markets/feeds/afx/2007/01/04/afx3297359.html

Thank you. I probably shouldn't get too concerned over day to day market changes