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S&P 500 posts worst day since November – Wall Street
This article was posted on Feb 26, 2013 and is filed under Market News
NEW YORK (Reuters) – The S&P 500 suffered its worst decline since November 7 on Monday in a sharp reversal from initial gains as elections in Italy stoked concerns that a divided parliament could disrupt the country’s fiscal reforms and the euro zone’s stability.
Based on the latest available data, the Dow Jones industrial average (^DJI) slid 216.40 points, or 1.55 percent, to end unofficially at 13,784.17. The Standard & Poor’s 500 Index (^GSPC) dropped 27.75 points, or 1.83 percent, to finish unofficially at 1,487.85. The Nasdaq Composite Index (^IXIC) lost 45.57 points, or 1.44 percent, to close unofficially at 3,116.25.
(Reporting by Caroline Valetkevitch; Editing by Jan Paschal)
Source: Yahoo Finance
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