Monday, August 8, 2011

MARKET ALERT: Dow Down 482

Dow's below 11,000
2:20 p.m. - As investors get their first clear shot at repricing securities following the S&P downgrade of U.S. debt, stocks are steeply in the red. Oil also is a washout, while gold's surging. Treasurys paradoxically rise.
• Oil futures tank | Gold settles at record $1,713.20 | Why did gold leap $61 on Monday?


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