Stocks fall as rating agencies knock euro deal (AP)

By admin on December 12th, 2011

In this Dec. 9, 2011 photo, trader Anthony Satriale, center, works on the floor of the New York Stock Exchange. Enthusiasm for riskier assets such as stocks and the euro faded Monday, Dec. 12, 2011, as investors worried that Europe's new pact aimed at fixing the continent's debt crisis would be insufficient. (AP Photo/Richard Drew)AP – Stocks closed sharply lower Monday after doubt emerged that last week’s historic agreement to bind the budgets of European countries more closely together will solve the region’s financial crisis.


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