Friday, 7 October 2011

U.S. Stocks Retreat as Decline in Banks Overshadows Jobs Report

Oct. 7 (Bloomberg) -- U.S. stocks fell, following a three- day rally in the Standard & Poor’s 500 Index, as downgrades of Italy and Spain’s debt by Fitch Ratings overshadowed faster- than-estimated growth in American jobs. Bank of America Corp. and Goldman Sachs Group Inc. fell more than 5.1 ...


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