Red Runs Across Wall Street As Shutdown Drags On

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Stocks closed at their lowest levels in more than a month as the on-going government shutdown and unresolved debt ceiling caused the continued exodus from U.S. equities. Social media stocks such as Pandora Media ( P ), Amazon ( AMZN ) and LinkedIn ( LNKD ) took the brunt of the negative sentiment rolling through Wall Street as these stocks are especially vulnerable to negative investor confidence. Hawkish comments from a pair of Fed Presidents coupled with downward revisions to global growth forecasts from the IMF only added to the sour tone across the financial markets, leaving the trifecta -- stocks, bonds and precious metals -- all lower today.




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This article appears in: Investing , Commodities

Referenced Stocks: AMZN , LNKD , P

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Referenced

Most Active by Volume

100,376,898
  • $17.62 ▲ 0.51%
83,231,837
  • $25.62 ▲ 1.91%
75,739,329
  • $111.78 ▼ 0.77%
65,297,937
  • $36.37 ▼ 1.76%
59,053,093
  • $47.66 ▲ 0.29%
53,482,350
  • $2.59 ▼ 0.38%
51,504,284
  • $7.34 ▲ 2.37%
51,434,656
  • $8.14 ▲ 6.96%
As of 12/19/2014, 04:15 PM


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