U.S. equity markets extended a session-long selloff as the S&P 500 capped its worst week in two-and-a-half years. The Dow Jones Industrial Average sank 304 points, or 1.73% to 17291. The S&P 500 shed 32 points, or 1.60% to 2002 points, while the Nasdaq ended the day 54 points lower, or 1.16%, to 4653. All ten S&P 500 sectors were deep in the red with energy and materials leading the selloff.
More on this story: http://www.foxbusiness.com/markets/2014/12/12/us-stock-index-futures-lower-as-oil-continues-rout/?intcmp=bigtopteaserside&intcmp=bigtopteaserside
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PAT DOLLARD YOUNG AMERICANS 11 Hours Ago Bloomberg to Air Gun Control Ad During Superbowl Feb 2, 2013Toro520 Via The Associated Press: NEW YORK (Associated Press) – A gun control group founded by New York City Mayor Michael Bloomberg is airing a Super Bowl advertisement calling for background checks. The 30-second spot by Mayors Against Illegal Guns will air in the Washington area during the game between the Baltimore Ravens and San Francisco 49ers. The ad calls on lawmakers to pass rules requiring background checks on guns. It is narrated by children, with “America the Beautiful” playing in the background. It includes decades-old footage of National Rifle Association Executive Vice President Wayne LaPierre saying the gun lobby group approves of the checks. LaPierre recently testified before the Senate Judiciary Committee that the NRA no longer supports background checks for all gun sales. A Bloomsberg spokesman would say only that the ad cost in the six-figure range....
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