IBTimes -
16 Jan 2015 02:31
U.S. stocks dropped Thursday, with the Dow Jones Industrial Average falling more than 100 points after oil prices reversed and continued to slide. That occurred after weaker than expected U.S. data spurred growth economic concerns. Global stocks, meanwhile, were weighed down after the Swiss National Bank shocked financial markets by abandoning a three-year-old cap on the franc. The move sent the currency soaring more than 41 percent. Swiss stocks plunged more than 10 percent following the announ...
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