Monday, October 31, 2011

BREAKING NEWS: Wall Street Caps Blockbuster Month on a Gloomy Note

Wall Street closed out a strong month with a steep selloff after reemerging worries over Europe's sovereign debt crisis and the bankruptcy of MF Global spooked traders and Japan's move to boost the yen put strong selling pressure on energy and materials shares. On the day, the Dow tumbled 276 points, or 2.3% and the S&P 500 slid 31.8 points, or 2.5%.


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