07 November, 2012

CNN Breaking News

A sell-off on Wall Street gained momentum today, with the Dow falling below 13,000 for the first time since September 4, as investors focused on how President Obama plans to avoid the fiscal cliff after his re-election.

Gloomy forecasts about Europe's economic growth and a slowdown in Germany added more pressure.

Wall Street had been overwhelmingly in favor of Mitt Romney, considering him the more business-friendly candidate.

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