Stocks Plunge S&P Hits New Low for the Year - Red October

Date: 10/3/2011

Wall Street Starts Q4 With a Thud; S&P Hits New Low for the Year! Fed will fuel gold & silver to new highs: Schiff. American Airlines shares tumble 18% on outlook. Concerns about the euro zone were once again the focus in commodities.

Those concerns led to a flight to safety in the precious metals. Dow Jones closed down 258.08 points, S&P 500 closes down 32.19 points, Nasdaq 100 closes down 54.14 points. Could Alibaba IPO Mean a Yahoo Takeover? SPX Long-Term Count and Projections

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