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US STOCKS-Wall St drops on economic fears
Reuters ^
| June 29, 2010
| Chuch Mikolajczak
Posted on 06/29/2010 12:24:36 PM PDT by madison10
NEW YORK, June 29 (Reuters) - U.S. stocks slid on Tuesday after concerns resurfaced over euro-zone fiscal woes ahead of massive bank repayments to the European Central Bank and a steep drop in consumer confidence unnerved investors.
The S&P 500 briefly tumbled near its 2010 intraday low of 1,040.78, which analysts said could ignite further declines. The index is on track to close at its lowest level since November...
(Excerpt) Read more at reuters.com ...
TOPICS: Business/Economy; Government; News/Current Events
KEYWORDS: economy; obamanomics; recession; stocks
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To: OB1kNOb
21
posted on
06/29/2010 12:58:36 PM PDT
by
OB1kNOb
(Celebrities first seek fame...then they seek relevance, only to fail miserably at the latter.)
To: OB1kNOb
22
posted on
06/29/2010 12:59:22 PM PDT
by
OB1kNOb
(Celebrities first seek fame...then they seek relevance, only to fail miserably at the latter.)
To: OB1kNOb
I guess we’re going to find out how much money the PPT has left.
To: OB1kNOb
-270......PPT getting tired........
24
posted on
06/29/2010 1:01:33 PM PDT
by
OB1kNOb
(Celebrities first seek fame...then they seek relevance, only to fail miserably at the latter.)
To: jersey117
The NASDAQ is flirting with -4%. Brutal.
To: OB1kNOb
-270......PPT getting tired........ Maybe they shot their monetary wad keeping the gold price down.
26
posted on
06/29/2010 1:03:06 PM PDT
by
NeoCaveman
("There is no more money. Period. We are BROKE." - Lurker 5/21/10)
To: OB1kNOb
-270......PPT getting tired........ Maybe they shot their monetary wad keeping the gold price down.
27
posted on
06/29/2010 1:03:17 PM PDT
by
NeoCaveman
("There is no more money. Period. We are BROKE." - Lurker 5/21/10)
To: OB1kNOb
They achieved their goal.... close under 300
To: OB1kNOb
-267....PPT uses every last ounce of strength to get to the finish line......
29
posted on
06/29/2010 1:04:44 PM PDT
by
OB1kNOb
(Celebrities first seek fame...then they seek relevance, only to fail miserably at the latter.)
To: OB1kNOb
30
posted on
06/29/2010 1:06:30 PM PDT
by
OB1kNOb
(Celebrities first seek fame...then they seek relevance, only to fail miserably at the latter.)
To: NeoCaveman
Maybe they shot their monetary wad keeping the gold price down. - yes wonder what they've got planned for Friday NFP.
31
posted on
06/29/2010 1:07:45 PM PDT
by
Free_at_last_-2001
(A country can survive its fools, but it cannot survive treason from within.)
To: OB1kNOb
Dow -268.22 -2.65% 9,870.30
Nasdaq -85.47 -3.85% 2,135.18
S&P -33.32 -3.10% 1,041.25
32
posted on
06/29/2010 1:10:07 PM PDT
by
OB1kNOb
(Celebrities first seek fame...then they seek relevance, only to fail miserably at the latter.)
To: OB1kNOb
S&P closed below 1044, many techies have said once we broke that, look out below.
33
posted on
06/29/2010 1:11:41 PM PDT
by
NeoCaveman
("There is no more money. Period. We are BROKE." - Lurker 5/21/10)
To: OB1kNOb
Headline of the day on Drudge.... 'RECOVERY SUMMER' CONTINUES...
To: Free_at_last_-2001
yes wonder what they've got planned for Friday NFP. If recent Friday's have been any indication, the PPT will be going to Happy Hour a bit early before trading closes.
35
posted on
06/29/2010 1:12:45 PM PDT
by
OB1kNOb
(Celebrities first seek fame...then they seek relevance, only to fail miserably at the latter.)
To: NeoCaveman
S&P closed below 1044, many techies have said once we broke that, look out below.Looks like they'll get to test their little theory tomorrow. Better test the safety straps on my chair...........
36
posted on
06/29/2010 1:15:48 PM PDT
by
OB1kNOb
(Celebrities first seek fame...then they seek relevance, only to fail miserably at the latter.)
To: madison10
The circuit breaker kicked in.
To: madison10
38
posted on
06/29/2010 1:18:50 PM PDT
by
Fred
(We are doomed)
To: Free_at_last_-2001
yes wonder what they've got planned for Friday NFP. Nah, the real bad equity stuff hits when the ECB is officially broke and illiquid on Thursday.
39
posted on
06/29/2010 1:19:08 PM PDT
by
Centurion2000
(If I don't like you, it's most likely your culture or your ideology that pissed me off.)
To: Rational Thought
40
posted on
06/29/2010 1:20:07 PM PDT
by
OB1kNOb
(If by "strengthening" Obama means the economy is going down the tubes, then it's strengthening.)
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