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Yashi

Tuesday, November 1, 2011

BREAKING NEWS: Selloff in Stocks Heats Up, Dow Drops 300 Points

The major stock-market indices are deep in the red at midday as Wall Street digests the head-scratching decision by Greece to put its own rescue to a referendum. The Dow is down 300 points, or 2.5%, to 11653 and the Nasdaq Composite and S&P 500 are both off slightly more on a percentage basis. Treasury yields continue to plunge, with the 10-year yield down to 1.97%.


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