IMF Sees Euro Banks Facing $4.5 Trillion Sell-Off

The International Monetary Fund said European banks may need to sell as much as $4.5 trillion in assets through 2013 if policy makers fall short of pledges to stem the fiscal crisis, up 18 percent from its April estimate.
U.S. Jobless Claims Jump to an Eight-Week High
21:17 - First-time filings for unemployment benefits grew more than expected for the past week, increasing to an eight-week high of 282,000. Bloomberg's Vonnie Quinn reports on "Market Makers." (Source: Bloomberg)
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