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Market recap: Stocks slid in their worst showing in five weeks after downbeat data on U.S....

Market recap: Stocks slid in their worst showing in five weeks after downbeat data on U.S. non-manufacturing and employment. Energy was the weakest sector, as a report showing crude inventories rising to the highest level in 20 years sent oil and gasoline futures plunging. Big banks also stumbled. Gold and silver fell to multi-month lows. Investors fled to Treasurys; 10-year yields dropped to 1.81%.
Comments (9)
  • Will Bernanke lose control of the market?

     

    What if it begins to depreciate meaningully despite the ongoing QE efforts. In the past equity depreciation occured during the time leading up to the end of QE but this round has no end except some cut rate unemployment target.

     

    There are two sayings that have always been followed, don't fight the fed and nobody is bigger then the market, one of these sayings may be disproven sooner or later.
    3 Apr 2013, 04:34 PM Reply Like
  • This is just the start of cracks forming that maybe BB won't be able to stick his finger in the dike anymore.

     

    Well know in a few weeks for sure...
    3 Apr 2013, 04:50 PM Reply Like
  • Rangers win lose the division..Bernanke's fault...
    3 Apr 2013, 04:56 PM Reply Like
  • why is it every time there is a drop so many people think its a crash...the market can't go up constantly, its healthy to have drops occasionally.
    3 Apr 2013, 05:56 PM Reply Like
  • I have been expecting another crash of the market because the government is skewing the economic indicators by it's unsound financial practices.
    4 Apr 2013, 04:26 AM Reply Like
  • This is the end of the world as we know it. I think everyone should sell everything and buy gold.
    3 Apr 2013, 09:23 PM Reply Like
  • That's it! Well, capitalism had a great run.
    3 Apr 2013, 09:26 PM Reply Like
  • All good things must come to an end. Tmrw we sink.
    3 Apr 2013, 09:30 PM Reply Like
  • Shattering !
    4 Apr 2013, 08:50 AM Reply Like
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