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Fitch, Moody's jar investors

By: Decomposed in ROUND | Recommend this post (0)
Mon, 12 Dec 11 9:46 PM | 56 view(s)
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Dec. 12, 2011, 12:18 p.m. EST

U.S. stocks, euro fall more after Fitch comments

By Deborah Levine

NEW YORK (MarketWatch) -- U.S. stocks and the euro extended a decline in midday trading Monday after Fitch Ratings said Europe's debt crisis will continue in 2012 as a comprehensive solution remains elusive, leading to a significant economic downturn there. The Dow Jones Industrial Average fell 225 points to 11,959. The S&P 500 Index shed 26 points to 1,229. The Nasdaq Composite dropped 50 points to 2,597. The euro fell to $1.3191, its lowest level this month, compared with $1.3370 Friday.

http://www.marketwatch.com/story/us-stocks-euro-fall-more-after-fitch-comments-2011-12-12

Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months

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