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Business Concept

Does Economic News Drive the Stock Market?

By Allan Roth, June 02, 2015 02:41 PM

Twice last week, the Dow Jones industrial average suffered triple-digit losses. Friday’s loss of 115 points was pinned on economic worries as GDP declined. The previous Tuesday, the Dow lost 190 points, which the media blamed on Fed rate hike fears. The broader Standard & Poor’s 500 index also had…

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