Thursday, August 4, 2011

BREAKING NEWS: Stocks Headed for Massive Losses as Close Approaches

With 30 minutes remaining in the session, the Dow is staring at a loss of more than 400 points, and has now erased all of its 2011 gains. Oil plunged, gold is lower by $12 an ounce and the yield on the 10-year Treasury has fallen to 2.45%. The Nasdaq Composite is off 109 points, or 4.1%.More headlines from FoxBusiness.com:http://email.foxnews.com/t?ctl=1267C:7469D46E31DAE9CAA58D03CEFFF7DE84&----