Tag Archives: Argentina

Stocks Down on Europe and Argentina Concerns

U.S. stocks were down on Thursday, with investor sentiment down as well. A drop in European inflation and the second default in a dozen years by Argentina furthering concerns.

Euro-zone inflation declined this month, confirming the European Central Bank’s worries that the European economy is not healthy enough to support higher prices.

Domestic data showed weekly jobless claims coming in slightly above expectations, but the four-week moving average still was positive overall.