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News in the Dow Jones today, April 3, 2014: Here we go again. In an effort to meet its aggressive 7.5% growth target, China will break out the Keynesian prescriptions and increase stimulus spending for the balance of 2014.
At the closing bell, the Dow Jones Industrial Average fell 0.45 points to finish at 16,572.55. The Nasdaq dropped 38.72 points finish at 4,237.74, while the S&P 500 was down 2.13 points to end the day at 1,888.77.
Here's a recap of other major events today.
- Greece Returns to the Well: Greece will return to the international bond market this month, just two years after defaulting on its debts and four years after a bailout from its European neighbors. According to
About the Author
Garrett Baldwin is a globally recognized research economist, financial writer, and consultant with degrees from Northwestern, Johns Hopkins, Purdue, and Indiana University. He is a seasoned financial and political risk analyst, with a focus on stocks, hedge funds, private equity, blockchain, and housing policy. He has conducted risk assessment projects for clients in 27 countries, and consulted on policy and financial operations for some of the nation's largest financial institutions, including a $1.5 trillion credit fund, a $43 billion credit and auto loan giant, as well as two of the largest Wall Street banks by assets under management.
Garrett joined Money Map Press as an economist and researcher in 2011, specializing in alternative strategies with an emphasis on fundamental and technical analysis.