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Dealbook Briefing: Whipsawing Markets Rattle Investors - The New York Times

by nytimes.com posted 2years ago 67 views
The S.&P. 500 ended the day down 0.55 percent, after a fall of more than 2 percent. Losses in Asia and Europe foreshadowed the drop, then a poor earnings report from 3M and gloomy forecasts from Caterpillar caused the markets to tumble early. A drop in oil prices drove further losses. The apparent recovery came as a surprise to many.

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