I remember those days! (Reuters)
UPDATE: The latest economic news just keeps getting worse. While President Obama is off playing with his social-democracy friends in Europe and abroad, the country is is political and financial turmoil.
The Dow Jones Industrial Average is in free fall, down 350 points. The economy simply cannot handle easin gof QE3. Every single stock in the Dow is in the red.
The markets are coming under pressure on the latest economic data regarding the U.S. economy. The Dow is down 116 points, or 0.76%, while the broader S&P 500 is down 0.65%. Both market gauges are now down more than 1% for the week.
Economists are digesting another round of conflicting economic data in the latest economic news, as U.S. manufacturing activity contracted in May for the first time in six months.