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 ...
Wow, 9810, low going back to November. He’s going to start eating into the ‘rally’.
Maybe they shot their monetary wad keeping the gold price down. - yes wonder what they’ve got planned for Friday NFP.
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Friday is day#2 of Spain and the whole of Europe in nuclear meltdown.. liquidity for Spain withdrawn by ECB at close of business on 06/30.
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