U.S Market Update |
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- Primal fear is spreading among investors this morning as European markets fall apart and the credit crunch worsens. The leading European indices are trading down around 8-9% thanks to the lack of any agreement among EU leaders at this weekend's summit to develop a coordinated plan for addressing the financial crisis. Meanwhile Brazil's Bovespa fell below 40,000 for the first time since October, 2006 before being halted, and Japan's Nikkei index closed at four-year lows around -4.3%. The DJIA
Filed under: Fundamental
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