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Stocks Slump on Euro Zone Worries; All 30 Dow Stocks Drop
This article was posted on Oct 18, 2011 and is filed under Market News
NEW YORK (Reuters) – Stocks suffered their worst loss in two weeks on Monday after comments from Germany’s finance minister showed Europe’s progress in solving its debt crisis may not come fast enough.
Basd on the latest available data, the Dow Jones industrial average was down 246.58 points, or 2.12 percent, at 11,397.91. The Standard & Poor’s 500 Index was down 23.66 points, or 1.93 percent, at 1,200.92. The Nasdaq Composite Index was down 52.93 points, or 1.98 percent, at 2,614.92.
(Reporting by Caroline Valetkevitch; Editing by Kenneth Barry) Source: Yahoo Finance
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