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Thursday, July 2, 2015

Wonkblog: Why financial markets are shrugging off Greece

Not even a default by a rich European nation could knock stock markets off track for long.A day after Greece missed a critical debt payment to the International Monetary Fund, markets were back in the green, gaining back significant ground after the selloff earlier this week. European markets were broadly up 2 percent, while Asian markets surged with the exception of China. At home, the Dow Jones industrial average climbed 138 points to end up 0.8 percent at 17,758.Read full article


READ THE ORIGINAL POST AT feeds.washingtonpost.com