Major European share markets closed lower on Friday, ending another turbulent week. On Wall Street, falls extended in late trade to take the Dow Jones to a close of 1.57%. Many factors account for the volatility of the markets. Among the most worrisome are concerns about the strength of European banks. Host Lisa Mullins talks to New York-based market analyst Otis Casey, of Markit Financial Information about this crisis of confidence.
GlobalPost.com is now PRI.org
GlobalPost and PRI have joined forces to expand in-depth global news reporting to create a more informed, connected and empathetic world.Learn why See GlobalPost stories Dismiss