The Art of the Sell Side
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In reaction to a rout in Chinese markets, indexes tumbled. There was a 3-hour plus halt in trading on the NYSE floor that was said to be caused by a computer glitch. The Nasdaq fell 1.8%, the S&P 500 1.7%, and the Dow Jones Industrial Average 1.5%. The yield on the 10-year treasury note fell 7 basis points to 2.19%, (Investor's Business Daily, July 9, 2015).
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