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11 Jul 2008 Markets Decline on Record Oil and Continued Credit Woes

Posted at 15:34h in The Friday Brief by Sam Bass Jr.
Equity markets in the US continued the longest stretch of weekly losses for the S&P 500 Index in four years. Despite good news of a smaller trade deficit and better-than-expected jobs data, investors continued to worry about oil, credit, inflation, and consumer spending.
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