The "Squawk on the Street" news team reports on the market-moving stories of the day, including Spanish bond yields hitting 7%, after two downgrades; Nokia's plans to cut as many as 10,000 jobs, after cutting its earnings outlook; and a look at Ron Johnson's performance, a year after he was named JC Penney's CEO.
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Global Business and Financial News, Stock Quotes, and Market Data and Analysis
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