A new national stock exchange based in Dallas is slated to launch in the U.S. with the aim of taking on the New York Stock Exchange (NYSE) and the Nasdaq, and it has backing from some major Wall Street names.
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U.S. stocks fall as Europe ‘fear’ overrides earnings
Friday’s selling spree wiped out any gains made in July for both the Dow and the Nasdaq.
Investors are taken by fear and worry over the European financial position according to Frank Fantozzi, president and senior adviser at Planned Financial Services.
See U.S. stocks fall as Europe fear overrides earnings – MarketWatch.