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Markets Plummet on Continuing Anxiety over China and Greece (IBM, DKS)

By: , dated March 6th, 2012
Major indices fell by the largest amount that they had in 2012 so far, as investors continued to be concerned over the state of China’s economic growth and over the Greek debt crisis. Gas prices were also down today, ending a 27 day streak of continual increases. In corporate news, investors will be soon be able to tap IBM (IBM)’s Watson computer to help model risk and other factors. Dick’s Sporting Goods (DKS) saw a 27 percent increase in net revenue in their Q4 as their new stores became smashing financial successes.

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