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Shorting Frenzy in the Stock Markets »

Posted By GraceCheng1 7 months ago in Business & Finance
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US stocks gyrated through a rough rollercoaster ride this past week: they jumped super high and they fell super fast. After news of Bear Stearns (BSC: 30.85 -26.15 -45.88%) bailout, the Standard & Poor's 500 Index (^GSPC: 1288.14 -27.34 -2.08%) fell 2.1% yesterday to 1,288.14. The S&P Financials Index lost 4.1%, and Bear Stearns fell

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