BREAKING NEWS: Stocks Plunge as Fed Unveils ‘Operation Twist’

Stocks sold off sharply Wednesday after the Federal Reserve said it will increase its share of longer-term Treasurys by $400 billion over the next 10 months or so. The so-called Operation Twist is intended to lower borrowing costs even further, but has no shortage of skeptics who say borrowing costs aren't what is holding back the U.S. economy. The Dow Jones Industrial Average shed 283 points, or 2.5%, to close at 11124.

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