Friday, September 30, 2011

BREAKING NEWS: Gloomy Economic Reports Spark Selloff; Dow Slides 150

Ominous economic data from across the globe dimmed sentiment on Wall Street, sending traders out of equity markets and into safe havens. Minutes after the opening bell, the Dow tumbled 150 points, or 1.3%, and the S&P 500 slid 1.5%, while the yield on the 10-Year Treasury note dropped to 1.9%.


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