Thursday, September 22, 2011

BREAKING NEWS: Stocks Pummeled in Widespread Selloff

A massive selloff in stocks Thursday rekindled fears of a global downturn, with the Dow suffering its biggest two-day drop in almost three years. Oil and gold fell sharply as money flooded into the safe haven of Treasurys, despite their miniscule yields. Financial stocks were gutted, and all of the major stock indices fell by more than 3%. The Dow closed with a loss of 390 at 10734.


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