Fresh European Jitters Ignite Steep Selloff

FOX Business: The Power to Prosper Traders across the globe rushed out of equity markets and piled into safe havens after a move by Greece put a plan forged by European leaders to avert the heightening debt crisis into question. Today's Markets As of 9:32 a.m. ET, the Dow Jones Industrial Average slid 255 points, or 2.1%, to 11,698, the S&P 500 dropped 28.2 points, or 2.3%, to 1,225 and the Nasdaq Composite fell 78.6 points, or 2.9%, to 2,606. The session on Tuesday is expected to be volatile following dramatic selloffs across the world. Indeed, the New York Stock Exchange invoked "Rule 48," which is designed to smooth the opening of trading on particularly tumultuous days. Continue reading the article.
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