Breaking News Alert
The New York Times
Thursday, November 20, 2008 -- 4:20 PM ET
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Stocks Battered by Economy, Detroit Woes; S.&P. 500 Falls 6.7%
Wall Street doubled down on its losses on Thursday, just a
day after financial markets closed at their lowest point in
nearly six years. Investors sold shares as they watched
Washington try to deal with a bailout for the automakers.
Analysts said worries about the automakers are only one of
many concerns for the market and uncertainty about the
overall economy was battering stocks. At the close, the Dow
Jones industrial average fell 445 points or 5.5 percent. The
broader Standard & Poor's 500-stock index was down 54.14
points or 6.7 percent.
Read More:
http://www.nytimes.com/?emc=na
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