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Standard & Poor’s downgraded Japan’s sovereign debt rating this week. It was the first cut in Japan’s rating in nine years. Japan now joins Greece, Ireland, Portugal, Spain — all of which have Read more…
Tuesday’s trading saw the first significant slide in the major indices in almost two weeks. Small-cap and mid-cap stocks led the day’s decline. The small-cap Russell 2000 shed 1.5% and the S&P Read more…
After an explosive breakout day on November 4th, Friday’s trading action was subdued. The major indices were stuck in a choppy trading range for most of the day. However, stocks did manage a late Read more…
For many in the U.S., a strong currency sounds like a nice problem to have. A firm greenback effectively reduces the cost of flat-screen TV’s from Asia and makes overseas vacations a little Read more…
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