- Afghan ex-spy boss opposes talking to Taliban (AP) AP - Afghanistan's ousted intelligence chief told The Associated Press on Wednesday that President Hamid Karzai is pursuing a dangerous strategy in seeking peace with the Taliban because the insurgents are giving nothing in return.
- Iran dismisses sanctions, but tried to avoid them (AP)
- Analysis: Sanctions unlikely to stop Iran (AP)
- Israel lifts ban on some foods for Gaza (AP)
- Gates: Progress in Afghan war must come this year (AP)
- Van der Sloot's Confession: Angling for a Light Sentence? (Time.com)
Jun 9, 2010
Yahoo News
Stock market: crystal ball or false alarm? - Jun. 9, 2010
By Daryl G. Jones, contributor June 9, 2010
FORTUNE -- From its peak in late April to the close last Friday, the S&P 500 has declined just over 12%. That is a correction of real historical magnitude. Stock markets around the globe have mirrored this move, if not exceeded it. Pundits have justified the correction primarily on the sovereign debt issues in Europe. But the question for stock market operators is, as always, what's next?
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