Economy/Business News Alert: Stock markets open higher a day after worst sell-off since 2008

Tuesday, August 9, 2011

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Economy/Business News Alert: Stock markets open higher a day after worst sell-off since 2008
August 9, 2011 9:35:00 AM
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U.S. stock markets opened higher a day after the worst trading day since the financial crisis. The Dow Jones industrial average was up nearly 1 percent in early trading, and the S&P 500 was also up about 1 percent.

Earlier Tuesday, a frenzied sell-off caused Asian stocks to nosedive. European markets fluctuated in morning trading, falling sharply at first but then largely recovering.



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