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Markets Fall Monday In Aftermath of Jobs Report
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FBN’s Charles Payne breaks down the stories moving the markets early in the trading day.
- Duration 0:58
- Date Jul 9, 2012
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FBN’s Charles Payne breaks down the stories moving the markets early in the trading day.
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Another drop for stocks this morning -- worries about the weak US economy continues right now.
The Dow Jones Industrial Average -- 55 points while seven.
716.
Now of course we've also worries about Europe -- -- borrowing costs continue to skyrocket.
Probably in better today updated our global life about getting closer to that magical 16100 dollar -- -- number of all -- I -- above 85 dollars a barrel.
Gasoline prices that they're definitely gonna rise up six cents in the past three weeks at three dollars and 38 cents a gallon.
The big -- this morning WellPoint bond Amerigroup for four point nine billion dollars and -- as a result of the Supreme Court ruling on healthcare.
Amerigroup will likely benefit from the expansion of Medicaid in the new law.
And a big credit card issuers -- Dell today MasterCard visible downgraded at UBS -- lower consumer spending we'll hurt both of those numbers.
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