Yahoo: Stocks got hammered on Thursday, with the Dow Jones Industrial Average ending the day down 1.87%, at 317 points in the red. The drop wiped out all but a tiny fraction of the major average’s gains for 2014, and put an end to a five-month winning streak for stocks.
But the Ten year yield is up! Cash is king again, investors getting ready for a rise in interest rates as the US Government will start raising the deficit to cover Obamacare costs already in the pipeline.
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