debt crisis

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Courtney Raio
4 Aug, 2011 | 05:19 PM
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The Dow and S&P 500 both fell more than 4% today, as markets tanked on European concerns and doubt about the US recovery. There aren’t really words for how ugly today was, the Dow was 10% off of the April 29th highs, and crashed below 11,577 into negative territory on the year, closing down 512 points to 11,383. The S&P had a historically bad day, the 14th largest single day point drop on record, falling 60 points to 1,200. All ten of the S&P sectors closed lower by 3.00% or more, and Energy and Materials down over 6.5%. ...
Courtney Raio
3 Aug, 2011 | 05:00 PM
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Markets had another wild ride today, and the Dow was able to avoid its first nine-day losing streak in 33 years. The Dow hit its low of -166 points after concerns about Italy and the European debt crisis returned and a mixed bag of economic reports this morning. Markets began to recover around 1:00pm after Former Fed Chairman Donald Kohn commented on a possible QEIII, and the Dow moved higher, crossing into positive territory around 3:15, before closing just 8 points off of the day’s highs. ...
Parasnand Madho
2 Aug, 2011 | 08:26 AM
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