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I'm Robert Gray -- your Fox Business brief.
Bullish investors are facing the post election blues the Dow already sega's biggest intraday drop.
Since June 1 fallen below the thirteen thousand level today and now down 361.
But the focus has shifted to the looming fiscal -- in the wake of president Obama's reelection and Moody's is again talking about a possible downgrades of the US credit rating.
Thirty says -- wait until the 2013 budget negotiations are completed.
Before taking action all of the ratings firm says failure to reach an agreement will not -- an automatic downgrade.
And Boeing is reportedly planning a major restructuring to its defense division.
Reuters reports the -- includes cutting management jobs by 30% from 2010 levels.
The report says the official word will come later today.
That is the latest from the Fox Business Network giving you the power to prosper.
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