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  • First Week of 2009 U.S. Trading Proves Disappointing, Euro Weathering Global Financial Storm - 12 January 2009

    • While the year started off with investors being cautiously optimistic that better times may be in sight, the first full trading week of 2009 was disappointing and revealed that, although it is a new year, the old anxieties that dogged the market in 2008 continue unabated. The report on the state of the U.S. job market released on Friday is being cited as the primary reason for the U.S. stock market decline, which saw the trading day ending with the Dow Jones industrial average down 1.64 percent, the Standard & Poor’s 500 shedding 2.13 percent and the NASDAQ Composite retreating 2.81 percent.


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