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    <title>Business Recorder - Markets - Financial</title>
    <link>https://www.brecorder.com/</link>
    <description>Business Recorder</description>
    <language>en-Us</language>
    <copyright>Copyright 2026</copyright>
    <pubDate>Thu, 13 Aug 2026 13:16:21 +0500</pubDate>
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      <title>US stocks sag at open</title>
      <link>https://www.brecorder.com/news/8323/us-stocks-sag-at-open</link>
      <description>&lt;p&gt;&lt;img style="margin-right: 10px; margin-bottom: 10px; float: left;" alt=" " src="https://i.brecorder.com/images/stories/pics2011/mar/US-stocks-400.jpg" width="400" height="233" /&gt;&lt;/p&gt;
&lt;p class="MsoPlainText"&gt;NEW YORK: US stocks opened lower Wednesday as turmoil across North Africa and the Middle East and fears of spreading radiation from Japan's hobbled nuclear plant weighed down on the markets.&lt;/p&gt;
&lt;p class="MsoPlainText"&gt;The Dow Jones Industrial Average lost 19.34 (0.16 percent) to 11,999.29 in opening trades.&lt;/p&gt;
&lt;p class="MsoPlainText"&gt;The Broad-based S&amp;P 500 ceded 4.57 points (0.35 percent) to 1,289.20, while the Nasdaq index fell 9.61 (0.36 percent) to 2,674.26.&lt;/p&gt;
&lt;p class="MsoPlainText"&gt;"Japan -- which warned of dangerous levels of radioactive iodine in Tokyo's tap water -- and Libya (are) likely to remain in the Street's crosshairs," said Andrea Kramer of Schaeffer's Investment Research.&lt;/p&gt;
&lt;p class="MsoPlainText"&gt;"In addition, traders will be taking their cues from the latest round of earnings reports, as well as a round of housing data expected to hit the Street just after the open."&lt;/p&gt;
&lt;p class="MsoPlainText"&gt;&lt;Center /&gt;&lt;b&gt;&lt;i&gt;Copyright AFP (Agence France-Presse), 2011&lt;/b&gt;&lt;/i&gt;&lt;/center&gt;&lt;/p&gt;
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<p class="MsoPlainText">NEW YORK: US stocks opened lower Wednesday as turmoil across North Africa and the Middle East and fears of spreading radiation from Japan's hobbled nuclear plant weighed down on the markets.</p>
<p class="MsoPlainText">The Dow Jones Industrial Average lost 19.34 (0.16 percent) to 11,999.29 in opening trades.</p>
<p class="MsoPlainText">The Broad-based S&P 500 ceded 4.57 points (0.35 percent) to 1,289.20, while the Nasdaq index fell 9.61 (0.36 percent) to 2,674.26.</p>
<p class="MsoPlainText">"Japan -- which warned of dangerous levels of radioactive iodine in Tokyo's tap water -- and Libya (are) likely to remain in the Street's crosshairs," said Andrea Kramer of Schaeffer's Investment Research.</p>
<p class="MsoPlainText">"In addition, traders will be taking their cues from the latest round of earnings reports, as well as a round of housing data expected to hit the Street just after the open."</p>
<p class="MsoPlainText"><Center /><b><i>Copyright AFP (Agence France-Presse), 2011</b></i></center></p>
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      <category>Markets</category>
      <guid>https://www.brecorder.com/news/8323</guid>
      <pubDate>Wed, 23 Mar 2011 14:15:36 +0500</pubDate>
      <author>none@none.com (Imad Uddin)</author>
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