Stocks In U.s., Europe Slide As Treasuries Rally On Debt Concern

U.S. stocks tumbled, erasing more than half of yesterday’s rally, while European shares slid and Treasuries rose for a third day amid concern the economic recovery is faltering and the debt crisis is spreading to France. The euro weakened against 11 of 16 major peers, dropping 1.1 percent to $1.4220.

Topics:  treasuries   stocks   u.s   europe   rally   debt   concern   
BING NEWS:
  • No Santa rally for stocks as equities slide
    Yields on US government debt dipped on Monday ... five-percent return on funds in US Treasuries, compared with the uncertainty of stocks, he noted. In Europe, the main indices in Frankfurt ...
    12/29/2024 - 11:00 am | View Link
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