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Wednesday, February 28, 2007

China Sends Global Markets Into Tailsp

S&P - Stock indices suffered their worst day of losses since the first trading session after 9/11, as a Chinese stock index collapse led to panic in European and U.S. equities. On a day that also included an assassination attempt on the Vice President, durable goods orders were not even close to analyst estimates and sales of existing homes fell, adding fuel to the selloff. Read More....