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Economy
In reply to the discussion: STOCK MARKET WATCH -- Thursday, 28 June 2012 [View all]xchrom
(108,903 posts)55. MARKETS REACT: STOCKS TANK, DOW OFF 150, HOSPITALS SURGE
http://www.businessinsider.com/stock-market-update-2012-6
UPDATE 10:35 AM
Stocks are now tumbling.
The Dow's off by 150 points.
Treasuries are rallying with the 10-year note now yielding just 1.6%.
However, the hospital operators are rallying. Tenet Healthcare is up 6.8%.
UPDATE 10:20 AM
Uncertainty has turned into all out confusion as various news outlets gave conflicting reports on the Supreme Court's ruling on the Affordable Health Care Act.
Bottom line is that they did uphold it.
Stocks ticked down further briefly, but are back to being down by around 90 points.
Read more: http://www.businessinsider.com/stock-market-update-2012-6#ixzz1z6JjCVAz
UPDATE 10:35 AM
Stocks are now tumbling.
The Dow's off by 150 points.
Treasuries are rallying with the 10-year note now yielding just 1.6%.
However, the hospital operators are rallying. Tenet Healthcare is up 6.8%.
UPDATE 10:20 AM
Uncertainty has turned into all out confusion as various news outlets gave conflicting reports on the Supreme Court's ruling on the Affordable Health Care Act.
Bottom line is that they did uphold it.
Stocks ticked down further briefly, but are back to being down by around 90 points.
Read more: http://www.businessinsider.com/stock-market-update-2012-6#ixzz1z6JjCVAz
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