Monday 3 February 2014

Investors flee US stock market

The financial markets have taken a look at 2014 and aren't liking what they are seeing. "We're getting slapped around here a little bit," says Andrew Brooks, vice president and head of U.S. equity trading at Baltimore-based T. Rowe Price. "The world is a little nervous."

And how. The Dow Jones industrial average fell 326.05 points Monday, a 2.08% decline, bringing its 2014 loss to 7.3%.

Fear is in the air.

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