Saturday, 6 August 2011

Wild Friday: Rollercoaster day on Wall Street as twin engines of U.S. and European debt crises create perfect economic storm

Daily Mail
*Employment rises by 117,000, while jobless rate dips to 9.1% from 9.2%
*Offers hope after Dow fell more than 4% yesterday on worst day since 2008
*Investors fear recession and European debt crisis engulfing Spain and Italy
*Obama tries to calm fears, saying: 'We're going to get through this together'

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