Stocks plunge; S&P turns negative for 2011
https://dervishcom.blogspot.com/2011/08/stocks-plunge-s-turns-negative-for-2011.html
Stocks posted their worst daily decline in nearly a year Tuesday, wiping out the year's gains and raising fresh questions about the strength of the economic recovery.
Despite the good news that President Obama signed the long-awaited agreement to lift the federal borrowing limit, the Standard & Poor's 500-stock index tumbled 2.6 percent — its seventh-straight day of losses and its longest losing streak since October 2008. The Nasdaq tumbled 2.7 percent, while the Dow Jones industrial average dropped 2.2 perent.
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Lori Montgomery 03 Aug, 2011
Lori Montgomery --
Source: http://feeds.washingtonpost.com/click.phdo?i=2f668fca46d6b4ab13d5666bd37ac050
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