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Author: 123jump.com Staff
123jump.com
Last Update: 4:52 PM EDT August 01 2007
volatility was the only constant in New York trading. Market averages declined, gained, lost, jumped back up in the plus in the last fifteen minutes of trading. Rumors on home builders, oil price speculation, and debate on the next subprime victim, left investors guessing all day. European markets closed with a loss of 1.5%. Asian markets lost between 3% and 4% in overnight trading. After the earnings reports, Areclor Mittal jumped 7%, but MasterCard fell 7%. |
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