Tag: In the Markets

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  • IN-THE-MARKETS

    In the Markets: Week-Ending December 11

    by Peter J. Creedon

    U.S. stocks ended sharply lower on Friday, as a relentless rout in oil prices, which closed at their lowest levels in seven years, weighed on the main benchmarks. Meanwhile, concerns about a junk-bond selloff ahead of a potential interest-rate increase by the Federal Reserve rattled Wall Street. All three main indexes posted their steepest one-day decline since Sept. 28.

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