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Article: After a manic Monday, stock prices settle down
- Article from:
- Charleston Gazette
- Article date:
- November 11, 2009
- Author:
CopyrightCopyright 2009 Charleston Gazette. Provided by ProQuest LLC. (Hide copyright information)
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NEW YORK - Investors cooled their buying of stocks and
commodities, pausing from a surge that's carried major stock indexes
to their highest levels in more than a year.
Stocks zigzagged in quiet trading Tuesday, a day after the Dow
Jones industrials shot up 200 points for the second time in three
days. The stock market again took its cue from the dollar, as it has
for months. It drove higher Monday as the dollar weakened and
slipped Tuesday as the currency rose.
The Dow swung in a range of about 60 points in light trading as
investors increased their buying of safe-haven assets like the
dollar and Treasurys. The ICE Futures US dollar index, which
measures the dollar against other ...