We are bombarded daily by financial reports inferring a connection between market actions and external events. This happens "as" that occurs, or the markets rise/fall "amid" some other occurrence. Often, the connector is specious while not technically inaccurate.
Yes, Italy and Spain are on the brink but why should the Dow or S&P care?
Let's use this non-sequitur to our advantage.
"Dow plunges as Phil Johnson retires."
"Markets shaken amid confusion over L.A. Dodgers' future."
"Stocks plunge as Japanese radiation expands."
"Economy suffers amid speculation over future of "All MY Children."
All correct in their own perverse way. But journalism?