NEW YORK (MarketWatch) – U.S. stocks on Wednesday closed lower for a third straight day as Wall Street worried about the toll of Europe's debt struggles on the global economy, with investors also unloading gold and the euro.
"It's hard to be too optimistic right now because Europe looks like a mess," said Michael Sheldon, chief market strategist at RDM Financial. Then, in the new year, investors will be faced with the U.S. presidential election, "which could be very contentious."
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