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CNNW CNN Newsroom August 12, 2011



shopping sprees, but are still out there spending and that s good. the dow fell to the lowest level in 30 years, but we are not seeing the wild swings we saw all week. the dow closed down 600 on monday and up 400 on tuesday and down 500 points on wednesday and up 400 yesterday, and it was the first time in the dow s history we have seen closing numbers like this. drew? you could probably measure the heartbeat of traders the same way, up and down. tell us what happened in europe? they are trying to prevent the wild up and down swings. what they are doing is they are putting a temporary ban on short selling. what short selling is is when investors bet that a stock will go down in its price, and europe s version of our securities and exchange commission, it put a temporary ban for 15 days on several european countries, including france, italy, spain, and belgium to put a ban on this practice to stabilize the markets after we have seen the extreme moves over the past we ....

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