Obama Says Greece Leaving Euro Isn't Good For Anybody; Spain Said To Seek Bank Help

June 08, 2012   |   June 2012 Bond Updates
A strong week for stocks lost some of its vigor Friday morning on the heels of Thursday?s three-notch downgrade of Spain?s credit rating and no signals from Federal Reserve Chairman Ben Bernanke that another round of monetary stimulus is on the way. The market shook off opening losses to show narrow gains though, after President Obama called on European leaders to take actions and resolve their ongoing crisis.

View more at: http://www.forbes.com/sites/steveschaefer/2012/06/08/sluggish-start-for-stocks-as-spain-stews-bernanke-plays-coy/
 
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