‘Stocks Took A Dribbing’
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Stocks Took A Dribbing.
This is not good...
Stocks took a dribbing Wednesday after a stronger-than-expected consumer inflation report re-ignited fears of inflation.Not just that...
The Dow Jones industrial average (down 207.64 to 11,212.25, Charts) skidded about 1.8 percent after being down as much as 245 points earlier. The broader Standard & Poor's 500 (down 21.51 to 1,270.57, Charts) index sank 1.7 percent and the Nasdaq composite (down 25.68 to 2,203.45, Charts) stumbled 1.5 percent to a new low for the year.
‘Real estate gains came to an abrupt halt in the first quarter of 2006’.
-- The Boy in the Big Housing Bubble