Turkey Meltdown: Lira Implodes As Panicked Sellers Spark Global Contagion

A plunge in the Turkish lira rocked global equities and emerging markets on Friday and fears of more turmoil sent investors scurrying for safety in assets like the yen and U.S. government bonds......»»

U.S. stocks opened lower on Friday as a plunging Turkish lira rattled global markets due to concerns over the country's economy and a deepening rift with the United States......»»

The Dow Jones Industrial Average fell more than 200 points on Friday amid a widespread selloff in global stocks as the Turkish lira tumbled due to concerns over the country's economy and a deepening rift with the United States......»»

Turkey edged closer yet to a full-blown financial meltdown......»»

Turkey edged closer yet to a full-blown financial meltdown......»»

A plunge in the Turkish lira rocked global equities and emerging markets on Friday and fear of more turmoil sent investors scurrying for safety in assets like the yen and U.S. government bonds......»»

The Turkish lira plummeted as much as 17% against the dollar on Friday, deepening worries about the country's economic stability......»»

The Turkish lira plummeted as much as 17% against the dollar on Friday, deepening worries about the country's economic stability......»»

The dramatic plummeting of Turkey’s lira spread fear of contagion across global financial markets. Here is what you need to know......»»

U.S. stocks fall early Friday, with Wall Street tracking a global equity retreat fueled by the mounting currency crisis in Turkey, which raised the alarm for possible contagion into other markets......»»

The dramatically plummeting Turkish currency has spread fear of contagion across global financial markets. Here is everything you need to know......»»

Gold futures settled slightly lower Friday as a brewing crisis in Turkey jolted global stocks lower, but delivered a firm boost to the U.S. dollar, weighing on bullion. Gold futures for December delivery on C.....»»

Matt Dunham - WPA Pool/Getty Images Global markets are under pressure following the plung.....»»

REUTERS/Brendan McDermid European markets slide as fears o.....»»

Global stock prices sank Monday as Turkey's financial turmoil fueled fears of contagion in other emerging markets......»»

U.S. stock indexes opened flat on Monday as a meltdown in the Turkish lira that dragged on shares of big U.S. lenders was offset by an uptick in technology stocks......»»

Turkey's national currency, the lira, continues to trade near all-time lows against the U.S. dollar, and the country is approaching an economic crisis, the BBC reported. Here's what investors need to know Monday morning. read more.....»»

While the world remains focused on ground zero of the latest emerging markets crisis, Turkey, and whether contagion from its plunging currency will further pressure global asset.....»»

The S&P 500 and the Dow industrials fell on Monday as a global contagion of market jitters arising from the plunge of Turkey's currency spread to Wall Street, while the Nasdaq edged higher on gains from tech stocks......»»

The Turkish Lira rout that started last week is the big story for this coming week. In turn, U.S. and Europe.....»»