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Stocks Fall on News of Widening Trade Deficit

Asian shares are tumbling following the U.S. sell-off on Tuesday. The Dow Jones industrial average had its biggest loss (-265 points, -2.49%) in six weeks yesterday. The Nasdaq was off 3%. The bad day on Wall Street followed news that the Federal Reserve plans to buy more Treasury Bonds and a widening trade deficit. Take a look:



Posted on 2010-08-12




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