Wall Street’s Worst Week Since 2012: An Omen of Massive Outsourcing

Fridays’ 300 point plunge (-1.62%) for the Dow Jones stock index capped off a -3.52% weekly slump for U.S. stocks; the worst decline since May 2012. The week before, traders were celebrating a “Santa Clause Rally” that took U.S Standard & Poor’s stock index to an all-time-high on December 5. But when China announced on Monday that their trade surplus […]
Read more