Thursday, August 4, 2011

BREAKING NEWS: Steep Selloff in Stocks Not Letting Up

With about two hours to go in the trading day, stocks remained mired in a steep selloff, battered by growing concerns over the health of the global economy. The Dow Jones Industrial Average was lower by 335 points, having fallen by as much as 372 points earlier in the day. Oil was off sharply, as was gold, while Treasuries rallied.


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