Bears Bite Back, VIX Rallies With a Vengeance
We saw the Dow trade intraday below 11,000, its lowest level in a month, as concerns mount over a slowdown in China and European sovereign debt. Asian markets ignited the global selloff after South Korea's central bank raised interest rates to curb inflation. Shanghai and Hong Kong also traded down as speculation spread that China will take more steps to rein in its economy, which would put ...
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