Tuesday, October 25, 2011

BREAKING NEWS: Swelling Euro Anxiety Saps Traders' Enthusiasm, Incites Selloff

Traders dumped risky equities and piled into safe havens on Tuesday, snapping a three-day winning streak for the Dow, amid anxiety a summit among euro zone policymakers may not yield a concrete solution on how to tackle the currency bloc's debt crisis.The Dow shed 207 points and the broad S&P 500 tumbled 2%. The yield on the benchmark 10-year Treasury note fell to 2.111% from 2.239%.


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