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Richard Clark

Shaky End to November as Google, Euro Slide

FOX Business: The Power to ProsperFor the second day in a row, Wall Street battled back from triple-digit decline, but the comeback on Tuesday wasn’t enough to erase a Google-fueled 1% drop on the Nasdaq Composite or prevent the Dow’s first losing month since August.Today's MarketsThe Dow Jones Industrial Average fell 46.47 points, or 0.42%, to 11006.02, the Standard & Poor's 500 declined 7.21 points, 0.61%, to 1180.55 and the Nasdaq Composite slumped 26.99 points, or 1.07%, to 2498.23. The FOX 50 lost 6.15 points, or 0.72%, to 845.58.The rocky month of November ended in fittingly turbulent fashion as Wall Street continues to be rattled by global concerns. The markets were moved by a number of conflicting developments on Tuesday, including a 4.5% selloff for Google (NYSE:GOOG) on a European regulatory probe, another plunge for the euro and a five-month high in consumer confidence. Then just before the closing bell, S&P put Portugal on credit watch negative, bolstering the markets' sove...

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  1. Merck Names Frazier to Succeed Clark as CEO

    Merck & Co (NYSE:MRK) president Kenneth Frazier will succeed Richard Clark as the U.S. drugmaker's chief executive officer, effective Jan 1, the company said on Tues...

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