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Stocks plunge may have been a too fearful reaction to trade, economic worries

Stocks plunge may have been a too fearful reaction to trade, economic worries

Finance
After sharp gains in the past week amid hopes for a trade deal, stocks fell back into correction mode Tuesday, plunging on worries the trade talks could fail and that global growth is slowing. But some strategists said the selling, which took the Dow down as much as 800 points intraday, appeared to be overdone and could have also been made heavier by the fact that the stock market is closed for a full day Wednesday for President George H.W. Bush's funeral. The selloff was also exacerbated by a big move in the bond market, with the trading there flashing warning signs about the economy. "I don't think this continues. I think this is people with ...
Letter shows a fearful Einstein long before Nazis' rise

Letter shows a fearful Einstein long before Nazis' rise

Technology
More than a decade before the Nazis seized power in Germany, Albert Einstein was on the run and already fearful for his country's future, according to a newly revealed handwritten letter. His longtime friend and fellow Jew, German Foreign Minister Walther Rathenau, had just been assassinated by right-wing extremists and police had warned the noted physicist that his life could be in danger too. So Einstein fled Berlin and went into hiding in northern Germany. It was during this hiatus that he penned a handwritten letter to his beloved younger sister, Maja, warning of the dangers of growing nationalism and anti-Semitism years before the Nazis ultimately rose to power, forcing Einstein to flee his native Germany for good. "Out here, nobody knows where I am, and I'm believed to be missing,"...