Saturday, February 26, 2011

Turmoil in Libya sends Wall Street into sharp decline

Investors fearful of prolonged conflict in Libya dumped stocks, carriage hedge Street's three major indexes to their biggest decline since eminent. The sell-off gave the New York Stock Exchange, Nasdaq and the American Stock Exchange their second-highest trading volume of the time. The CBOE Volatility Index proverb its biggest boost since May 20. Time magazine reported with the intention of Libyan dictator Moammar Gadhafi prearranged his security forces to blow up pipelines transportation smear with oil to the Mediterranean