MARKETS SPECTATOR: Boston securities alarm

International security is back on the minds of global investors after the Boston bombing. Combined with poor Chinese data, the rationale for a sell-off is gathering momentum.

After news hit the floor of the New York Stock Exchange that Boston had been bombed, the Dow Jones Industrial Average fell by 100 points in its last 30 minutes of trading before the closing bell stopped what would have been a massive sell off in stocks. Geopolitical risk, which has been building in recent weeks, is now once again front and center for stock market investors.

North Korea kicked it off or rather fired it off when it exploded its third nuclear bomb on February 12. But it is the US, still the epicenter for global markets, where perceived acts of terror can cause selling that will spread around the world.


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