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Tuesday, March 6, 2012

BREAKING NEWS: Selling Heats up on Wall Street; Dow Off 200

Losses are accelerating in U.S. markets as traders grapple with continued uncertainty over whether Greece will be garner sufficiently wide support for a crucial bond exchange. The Dow is down 200 points, or 1.6%, while market participants are bidding up safe-haven U.S. Treasuries, pushing the 10-year yield down to 1.936%. Earlier, several European exchanges ended the day down by as much as 3%.


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