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Stocks extend longest slump this year
April 10, 2012
April 10, 2012
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down 4.4 percent.
Trading was the most active since March 16, 4.6 billion shares.
Last year, the Dow's longest losing streak was an eight-day, 858-point plunge in July and August, with Congress bickering over the government debt limit and just before the S&P ratings agency downgraded the U.S.
On Tuesday, the dollar and U.S. Treasury prices rose as investors shifted money into lower-risk investments. The yield on the benchmark 10-year Treasury note fell for the fifth straight day, dropping to 1.99 percent from 2.04 percent Monday.
When earnings reports begin rolling in, analysts think they will reflect slowing growth in
down 4.4 percent.
Trading was the most active since March 16, 4.6 billion shares.
Last year, the Dow's longest losing streak was an eight-day, 858-point plunge in July and August, with Congress bickering over the government debt limit and just before the S&P ratings agency downgraded the U.S.
On Tuesday, the dollar and U.S. Treasury prices rose as investors shifted money into lower-risk investments. The yield on the benchmark 10-year Treasury note fell for the fifth straight day, dropping to 1.99 percent from 2.04 percent Monday.
When earnings reports begin rolling in, analysts think they will reflect slowing growth in
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