Posts Tagged ‘ S&P ’

Stocks Dragged by US Credit, Chinese Inflation, Euro Debt

Apr 18th, 2011 | By
Stocks Dragged by US Credit, Chinese Inflation, Euro Debt

Concerns about US government overspending sent US stock plunging the most in a month Monday, following a negative credit assessment by Standard & Poor (S&P). Fiscal ripples from the assessment pushed the price of oil down and raised the price of gold to record levels. Meanwhile global stocks fell following an announcement from China’s central
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