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Dow Loses 215 on Job Cuts

Retailers miss estimates as consumer rein in spending

By Nick McMaster, Newser Staff

Posted Dec 4, 2008 3:16 PM CST

(Newser) – The markets lost value today amid data that unemployment is growing, and poor sales reports from retailers, MarketWatch reports. Traders are bracing for the worst ahead of the November jobs report, due tomorrow. The Dow fell 215.45, closing at 8,376.24. The Nasdaq... Read full story »

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Dow Loses 215 on Job Cuts

Retailers miss estimates as consumer rein in spending

Viacom • Exxon • NASDAQ • Dow Jones • recession • unemployment • Adobe • S&P 500 • AT&T • financial crisis

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