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Citi Paces Dow's 248-Point Drop

Economic news and financial upheaval mean losses for stocks

By Nick McMaster, Newser Staff

Posted Jan 14, 2009 3:29 PM CST

(Newser) – Financial shares led stocks to deep losses today as a set of economic reports did little to reassure investors, MarketWatch reports. Citigroup lost 23.05% on news it will shed several units, while an index fund of financial shares dropped nearly 5%. The Dow closed... Read full story »

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Citi Paces Dow's 248-Point Drop

Economic news and financial upheaval mean losses for stocks

retail • NASDAQ • Citigroup • Federal Reserve • Dow Jones • S&P 500 • Beige Book • Goodyear • Nordstrom • financial crisis

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