(As of 7:25 am PST)
US Stock markets are following
international markets lower this morning.
What started in Japan, with the status of continuing economic stimulus
in question, spread across the globe to Europe and now into US markets. The Dow opened down triple digits and other
indexes followed suit. Oil and gold are
both down and interest rates are rising.
The dollar is mixed against most currencies, with the exception of the Japanese
yen, which is rallying on the talk of reduced stimulus. There is not much in the way of US economic
data today, although there was one positive report this morning relating to
small business optimism. Expect the
market to recover some losses as the day wears on.
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