U.S Market Update |
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- Markets are under extreme pressure this morning as credit market dysfunction deepens, central banks undertake major liquidity injection and investors await the House vote on the Emergency Economic Stabilization Act (formerly TARP). Oil is off more than $6 around $100 and other commodities are also down on global economic concerns, although gold is higher on safe-haven buying. Overnight governments in the UK, the Netherlands, Germany and Iceland moved to rescue several major financial firms,
Filed under: Fundamental
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