Stock markets plunge as losing streak extends to six weeks, longest since 2002

Wall Street limped to a six-week losing streak Friday, its longest since 2002, reflecting a gathering sentiment among investors that the economic recovery is going awry. The losses, which pushed the Dow Jones industrial average below 12,000, have piled up after an exuberant eight-month run in which corporate profits and share prices soared. Retirement accounts of ordinary Americans began to look ...

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Source: Washington Post

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