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Wall St. slides as BOJ move rattles trading
Stocks slid in a volatile session on Tuesday after Japan's central bank disappointed equity markets by holding its monetary policy steady. Major indexes fell more than 1 percent after the open but shaved most of the losses by midday, only for the selling to resume towards the session's end. However, overall volume was average. Financial .SPSY and energy .SPNY shares led the way down on the S&P 500. The 10 major sectors of the index closed the day lower but defensives including consumer staples .SPLRCS and healthcare .SPXHC fared better. The decision by the Bank of Japan roiled various markets as trades built ... (full story)
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- Jun 11, 2013 7:26pm Jun 11, 2013 7:26pm
- adamc
- | Joined Feb 2013 | Status: Member | 5 Comments
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- Jun 11, 2013 8:09pm Jun 11, 2013 8:09pm
- Pip Anon
- Joined Jan 2013 | Status: Trading defies logic | 1796 Comments
When the facts change I change my mind, what do you do sir
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- Jun 11, 2013 9:50pm Jun 11, 2013 9:50pm
- adamc
- | Joined Feb 2013 | Status: Member | 5 Comments