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Stocks Down Sharply Despite Bailout Deal

Wachovia failure sends markets downward

By Kevin Spak, Newser Staff

Posted Sep 29, 2008 9:03 AM CDT

(Newser) – Stocks once again headed downward at the open this morning, as Wachovia’s selloff stoked fears that the bailout wouldn’t be enough to save financials. The Dow fell 275 points while the Nasdaq dropped 3.6% and the S&P fell 3.1%. “... Read full story »

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Stocks Down Sharply Despite Bailout Deal

Wachovia failure sends markets downward

Citigroup • Dow Jones • Wachovia • market • bailout • financial crisis

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