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Thursday, August 18, 2011

Dow Jones closes down more than 630 points as investors react to downgrade

The time to plan your reaction to stock market corrections is before they actually happen, not when you are freaking out in the middle of them, says Carl Richar.

It was mayhem at stock market today. S&P 500 and Dow Jones went down while gold price per ounce surged. US markets today fell on fears of financial crisis in the Eurozone and the credit rating downgrade in the US, but not quite as much as was being

The heat of the prior week had not even cooled before the opening bell brought plummeting stock trends yesterday. It was one of the worst single day performances for stocks since 2008. The tumultuous action witnessed in the marketplace this day was due

The time to plan your reaction to stock market corrections is before they actually happen, not when you are freaking out in the middle of them, says Carl Richar.

With the country's debt concerns and the fear of possible slowdown, we do not see the gold price hikes slowing down for at least a year or two. Newmont'


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