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Posted on August 11, 2010 | tags

 
 

Biz: Increased trade deficit + nervous investors = SELL! SELL! SELL!

  • 18.8% increase in the trade deficit, to $49.9 billion
  • 2.5% decrease in the Dow because of this news
  • 2.8% fall in the S&P 500 for the same reason
  • 3% dip in the Nasdaq today; sigh source