Wall Street continues to slip..Dow Jones down 1%
Friday, August 20 –
The stocks fall on lingering economic worries.
For a second day in a row, investors dumped stocks in favor of treasury.
The resurfaced fear about the growth in the economy and bearish actions in August options due to expire this week has kept investors at bay.
Along with the stocks, the Euro fell 1% with crude oil and copper futures also down.
The biggest loser on Friday was Hewlett-Packard Co (HP: 61.62 -0.31%) after brokerages cut their price targets.
Other big losers were:
Exxon Mobil Corp (XOM: 84.92 +1.66%)
Freeport McMoRan Copper & Gold (FCX: 46.48 +2.13%)
Dell Inc (DELL: 17.66 +0.34%)
Google Inc. (GOOG: 596.33 +1.92%)
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