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Stock Market Today: M&A Activity Rules the Day

By , Money Morning -

The stock market today has been relatively mild following Friday's buyer-friendly session.

Friday's momentum was halted as poor reports from around the globe surfaced today.

Unemployment in the Eurozone has reached a record high of 11.1%, the highest since the inception of the euro in 1999. In total the level of unemployment for the 27 countries in the European Union stayed at its May level of 10.3%.

On Sunday Spain dominated the final of the European Championship soccer tournament, beating Italy 4-0 - but that will do little to comfort the fact that Spain has the highest unemployment in the EU at 24.6%.



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