Posted on 07/02/2012 7:26:00 AM PDT by Qbert
Edited on 07/02/2012 7:45:34 AM PDT by Admin Moderator. [history]
Stocks quickly turned lower after a mixed open Monday following news that the ISM manufacturing index dropped to its lowest level in almost two years and amid worries over weakness in China limited gains.
The S&P 500 and the Nasdaq also lost footing. The CBOE Volatility Index, widely considered the best gauge of fear in the market, traded above 17.
(Excerpt) Read more at cnbc.com ...
More info here: http://www.zerohedge.com/news/houston-we-have-contraction
They figured out how to get rid of OBAMA...we only have to suffer another six months.. if were lucky..
theres that word again....unexpected.....
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