Stocks plunge on economic news, slumping oil price ('Bull(y) Market' Day? - March 10, 2011)

Yahoo ^ | 3/10/11 | Francesca Levy - AP

[NormsRevenge]

NEW YORK (AP) -- Weak economic news from China, the U.S. and Spain combined with a slump in oil companies sent stocks sharply lower Thursday.

Investors were jarred when China reported a surprise trade deficit in February. China's exports fell as businesses closed for the weeklong Lunar New Year holiday, but imports of higher-priced oil and other goods jumped, widening the country's deficit to $7.3 billion.

Meanwhile Moody's downgraded Spain's debt, re-igniting fears about the European debt crisis. The downgrade also sent the dollar higher against the euro.

[NormsRevenge]

Meanhwile Obammy and mOochelle be Fiddling away at societal issues while the nation sinks into an ever increasingly hugher abyss of financial doom and mayhem.

(or just another 'normal' day on the market)

[NormsRevenge]

I wouldn't know, my field of expertise is community organizing , not economics or finance.

US President Barack Obama delivers remarks at the Conference on Bullying Prevention at the White House in Washington, DC. Obama confessed Thursday he was taunted as a kid over his "big ears" and unusual name, as he opened a White House summit on preventing bullying. (AFP/Jim Watson)

I wonder if they served beer or lemon water after the summit?

[scooby321]

Bad outlook on the Job market. Ops I guess those fake numbers didn’t last long.

[dfwgator]

[NormsRevenge]

They can pretend to the very end they care and are wanting to raise us up and not whupp us down... but their fruits speak for themselves.

[Perdogg]

let me get this straight...Stocks fall one day because oil prices go up and they fall the next when they go down, correct?

[NormsRevenge]

House of Cardbs

U.S. President Barack Obama and first lady Michelle Obama arrive to speak at the Conference on Bullying Prevention in the East Room at the White House in Washington, March 10, 2011. REUTERS/Jim Young

[Buckeye McFrog]

I think oil prices bounced back up after this hit the wires. After the Saudis fired on demonstrators.

[ZirconEncrustedTweezers]

"House of Cardbs"

No kidding! From the look of her, Moochelle's diet probably contains more carbs than a fleet of vintage Ferraris.

[RayChuang88]

Or is George Soros and his allies in the equities trading business trying to “engineer” a worldwide financial crash? Something that will cause a perfect repeat of the 1930’s with its political extremism and eventually world war?

[grobdriver]

Stupid and Ugly, together again...

[DakotaGator]

The Rookie and the Wookie; Pigs in Paradise!

[Digger]

let me get this straight...Stocks fall one day because oil prices go up and they fall the next when they go down, correct?

Here's the straight story. The market is corrupt rigged & satanic.

[musicman]

"U.S. President Barack Obama and first lady Michelle Obama arrive to speak at the Conference on Bullying Prevention in the East Room at the White House in Washington, March 10, 2011."

Stupid and Ugly, together again...

[OrangeHoof]

I know. I’m thinking “oil prices step back from the ledge and the Dow Jones plummets?” All my stocks are taking a beating today.