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It has become evident that the EUR/USD has weakened from yesterdays levels, The Natural disaster that has struck the east coast as hurricane Sandy shut down NYC and the NYSE. In Europe the weather may be better but the markets are anything but better as pressing issues between Greece and Spain continue. Progress was reported at the euro-zone finance ministers meeting on Wednesday, as more aid may be granted to Greece following the thorny issue.
On February 24, the S&P 500 rose to close at the highest level since before the collapse of Lehman Brothers in 2008 on signs of U.S. economic recovery.
Stocks finished mixed on Tuesday as continued uncertainty about the financial health of Europe cooled optimism of investors.
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