The attacks in Europe did not affect the stability of the market in the USA

Monday, March 15, 2010 - 11:49 in Mathematics & Economics

Researchers at the University of Valencia (UV) and the Universitat Oberta de Catalunya (UOC) state that the terrorist attack which happened in New York on 11 September 2001 had an effect on the volatility of the stock market in the Eurozone. However, the attacks in Madrid and London -on 11 March 2004 and 7 July 2005 respectively- did not have any effect on the volatility of the market in the USA.

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