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IPFS News Link • Economy - Economics USA

Dow dips below 10,000 mark on eurozone debt, jobs data

• Reuters

The Dow briefly fell below the crucial 10,000 mark on Thursday as stocks suffered their worst losses in more than nine months.

Escalating sovereign debt problems in Europe and an unexpected rise in jobless claims put investors on the defensive just ahead of Friday's crucial payrolls report.

Investors dumped banks and commodity-related shares and Wall Street's fear gauge jumped more than 20 percent, fueling worries that the brief respite from the market's late January slide was over.

1 Comments in Response to

Comment by Powell Gammill
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Buy gold in the morning down to $1,060!  

 Plunge Protection Team.