Tag: silvio berlusconi
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Euro Zone Worries Weigh on Stocks
U.S. stocks slipped at Monday’s start as Italy and Greece rushed to form technocrat-led governments in a bid to stave of the euro zone’s debt crisis, and as data showed the region is facing a looming recession. The Dow Jones Industrial Average lately fell 42.91 points to 12,110.77. The S&P 500 fell 9.29 points to…
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Stocks Fell Sharply as Italian Debt Worries Grew
Stocks fell sharply in early trading Wednesday on growing concerns that Italy’s debt levels are unsustainable. The Dow Jones industrial average lately was down 278.82 points, or 2.29 percent, to 11,891.36. The S&P 500 fell 32.01, or 2.51 percent, to 1,243.91. The Nasdaq lost 70.75, or 2.59 percent, to 2,656.74. Italy’s key borrowing rate spiked…
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Stocks Tumbled on Disappointing Earnings
U.S. stocks closed near their intraday lows Tuesday following some disappointing industrial earnings. The Dow Jones Industrial Average lost 207.00 points, or 1.74%, to 11,706.62. The S&P 500 lost 25.14 points, or 2.00%, to 1,229.05. The Nasdaq Composite slid 61.02 points, or 2.26%, to 2,638.42. Consumer confidence fell in October to the lowest since March…