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Financials, $108 Oil Sink Stocks

Crude shatters record price; recession fears prevail

By Nick McMaster, Newser Staff

Posted Mar 10, 2008 3:49 PM CDT

(Newser) – US stocks fell today for a third consecutive day as fears of recession continued to spread, MarketWatch reports. With Ambac’s revival uncertain and Countrywide facing a possible securities fraud probe, shares of both financial giants plummeted, pressuring the overall market downward. The Dow lost... Read full story »

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oil • NASDAQ • Dow Jones • Bear Stearns • Countrywide Financial • oil price • commodities • Ambac Financial • S&P 500

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Financials, $108 Oil Sink Stocks

Crude shatters record price; recession fears prevail

oil • NASDAQ • Dow Jones • Bear Stearns • Countrywide Financial • oil price • commodities • Ambac Financial • S&P 500

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More Newser Stories

Dow Plummets to Below 12,000

An oil boost and continued financial woes batter the markets

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Drop in oil prices help stocks finish slightly higher

Mixed Day Yields Mixed Results

Dell performance rallies tech; Commerce Department gives bad news

Oil Surges; Markets Record Weekly Gains

Consumer confidence hits 28-year low

Markets See Gains From Retail

But oil trades at $123.69, limiting rally

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