Monday, August 8, 2011

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Oil plummets on global economic fears
Analysts think the oil rout may be nearing an end, especially if the Fed injects more money into the economy. NEW YORK (CNNMoney) -- Oil prices sank more than $10 a barrel in the last week, ... read more

Mystery surrounds details of S&P downgrade
WASHINGTON (CNNMoney) -- Little is known about key details that led Standard & Poor's to downgrade US debt late Friday, despite its outsized repurcussions. While the move knocking US debt down a ... read more

Fear index soars to 52-week high
NEW YORK (CNNMoney) -- Wall Street's key measure of volatility, the VIX, skyrocketed to a 52-week high on Monday, after Standard & Poor's historical downgrade of the United States' credit rating. ... read more

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