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Stocks plunge after election; Europe woes deepen | |
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November 07, 2012 The election behind them, U.S. investors dumped stocks Wednesday and turned their focus to a world of problems — tax increases and spending cuts that could stall the nation's economic recovery and a deepening recession in Europe. The Dow Jones industrial average plummeted as much as 369 points, or 2.6 percent, in the first two hours of trading. The average was on track for its worst decline... Source: http://www.dailyherald.com/article/20121107/business/711079846/ |
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