Markets Are Falling: Dow Off 120

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Photo: Wikimedia COmmons

It doesn’t look as though there’s anything too remarkable happening this morning, but markets are decisively in the red.The Dow is off 120.

Other indices are off around 1%.

Amusingly, the data has been benign this morning: CPI is cool, and industrial production was solid. And Italian bond yields are actually down.

We’ll be covering here live in case things break hard in one direction or another.

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