Many traders in Frankfurt couldn't believe what they were seeing on the DAX ticker. Motor giant Volkswagen (VW)shares traded at around 1000 euros a piece, briefly making Germany's largest car maker the most valuable company in the world. It's an unprecedented rally. VW shares more than doubling in only two days and that has many traders very worried.
US markets slide 6 per cent, diving to its lowest level in four years.
http://www.ibnlive.com/news/us-eu-markets-tumble-bailout-to-take-a-while/75217-7.html
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