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Wal-Mart Sends Dow South

Retailers not doing so hot

By Kevin Spak,  Newser Staff

Posted Jan 8, 2009 8:48 AM CST

(Newser) – Stocks tumbled at the open today after Wal-Mart slashed its earnings estimates, driving fear in the retail sector. The Dow dropped 62, while the Nasdaq and S&P fell 0.5% and 0.7% respectively. There was more bad news on the job front, with...   Read full story »

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