Markets show nerves over US debt impasse (AFP)

By admin on July 26th, 2011

Traders work the floor at the New York Stock Exchange. US stock markets sank and gold soared Monday as there was still no sign of a plan to raise the US debt cap, eight days before the country could be forced into default.(AFP/File/Stan Honda)AFP – US stock markets sank and gold soared Monday as there was still no sign of a plan to raise the US debt cap, eight days before the country could be forced into default.


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