US stocks drop; big banks fall hard

posted by
December 19, 2011
Financial Ex    
Posted in News

"The stock market took a late afternoon fall after European Union finance ministers failed to come up with the full amount of money pledged for a bailout fund. Banks led the way down Monday. Morgan Stanley dropped 5.5 percent and Bank of America Corp. sank 4 percent, the biggest fall in the Dow Jones Industrial average." (12/20/11)  

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