Kamis, 22 Maret 2012

BREAKING NEWS: Global Economic Woes Spook Traders, Sending Stocks Sliding

A bout of weak factory data on major economies in Europe and Asia is taking a toll on Wall Street, sparking fears that global headwinds could stunt the U.S. recovery. The Dow is down 100 points, or 0.7%, while the broader S&P 500 is off 0.9%. Heavy industrial and commodity names like Caterpillar, Chevron and Alcoa are taking the biggest hit, while traders are seeking shelter in U.S. Treasuries.

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