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Dow, S&P Log Worst Thanksgiving Week Since 1932

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bemildred Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-25-11 01:21 PM
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Dow, S&P Log Worst Thanksgiving Week Since 1932
Stocks closed in negative territory in thin, shortened trading Friday as investors were reluctant to go long ahead of the weekend and amid ongoing worries over the euro zone.

The Dow and S&P posted their worst Thanksgiving week since the Great Depression on a percentage basis.

http://www.cnbc.com/id/45435459
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xchrom Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-25-11 01:21 PM
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bemildred Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-25-11 01:47 PM
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2. Wall Street Thrashed in Worst Thanksgiving Week Since '42
The Fox news version.

Despite a sleepy performance on Friday, the blue chips tumbled more than 500 points in the worst Thanksgiving week since 1942, while the broad S&P 500 has now closed in the red for seven days in a row.

http://www.foxbusiness.com/markets/2011/11/25/stock-futures-fall-amid-persistent-euro-debt-fears/
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golfguru Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-25-11 04:27 PM
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3. Hungary is the next one to fall
Moody's has cut Hungary's government bond rating to "junk", citing high debt levels, weak growth prospects and uncertainty about its ability to meet fiscal goals, in what the government called part of "financial attacks" against the country.

The debt laden Europeans are falling like dominoes.
Portugal, Italy, Ireland, Greece, Spain...the PIIGS.
Hungary does fit nicely into that Acronym.
PHIIGS? I love Figs!!
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