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Markets go up and down, White House Press Secretary Jay Carney said. We obviously are monitoring the situation in Europe closely. And theres no question that this economy has faced headwinds this year, a variety of them, including the earthquake and tsunami in Japan, the increase in oil prices energy prices that resulted from the unrest in the Arab world, and the situation in Europe also.
Read more: Despite Debt-Crisis Resolution, Wall Street Plummets Amid Economic Fears - FoxNews.com
Read more: Despite Debt-Crisis Resolution, Wall Street Plummets Amid Economic Fears - FoxNews.com