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Market recap: Stocks slumped, as the Fed's stance did little to soothe jitters sparked by the...

Market recap: Stocks slumped, as the Fed's stance did little to soothe jitters sparked by the latest in a series of economic reports (I, II, III) that have come in weaker than expected this week. Small-company stocks, seen as most sensitive to economic trends, were hit hard. Commodity-related sectors were pressured as metals suffered brutal losses. Treasurys rallied, sending 10-year yields as low as 1.613%.
Comments (5)
  • Cheesehusker
    , contributor
    Comments (310) | Send Message
     
    It's not "weaker than expected" - it's "unexpectedly weaker"

     

    Puhleze
    1 May 2013, 04:12 PM Reply Like
  • Joe2922
    , contributor
    Comments (418) | Send Message
     
    All the bulls have left to promote is multiples expansions, good luck with that.
    THE top may not be in, but these 5 charts say "sell now"
    http://bit.ly/WpVqYk
    1 May 2013, 04:16 PM Reply Like
  • BruceInKY
    , contributor
    Comments (427) | Send Message
     
    Recovery Summer 4.0, here we come.
    1 May 2013, 07:58 PM Reply Like
  • The EconomicJoker
    , contributor
    Comments (961) | Send Message
     
    Non-pomo day. It's not hard to figure out.
    1 May 2013, 08:51 PM Reply Like
  • User 353732
    , contributor
    Comments (4853) | Send Message
     
    This is what "stimulus" does: the financial addict requires increasing doses of bad debt and bad money to experience the same fake euphoria.
    Of course, with each such abuse of the system the polity becomes more enervated even as Wall St and Big Media revel in their unreality and non being.
    2 May 2013, 05:13 AM Reply Like
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