U.S. Treasuries, Dollar Gain as Stocks Fall on Economic Concern
Tue, 07/05/2011 - 13:19
Treasuries rose, snapping a five-day losing streak, while the U.S. dollar rose and stocks fell after a Moody’s Investors Service downgrade of Portugal’s debt to junk and lower-than-estimated American factory orders rekindled concern the global economy will slow. Oil and gold surged.
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