Wednesday, July 13, 2011

Dow down again! Ireland next?

DJIA dropped another 58 points last night. Market still concern about europe zone financial health.

After Italy, Ireland was the next country where the fear came in.

DJIA was traded slightly above green but when news of Ireland's government bonds were downgraded by Moody before closed, resulting stocks lower and taken away early gains.

Ireland is another heavily-indebted European countries, and also in danger of default.

There are one of the so-called PIIGS.

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