December 03, 2008
more from wall street
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Stocks fell this afternoon as new economic data pointed to a deepening recession. After taking a significant dive this morning, the Dow Jones industrial average was down 0.8 percent, or 70 points, while the Standard & Poor's 500-stock index fell 0.5 percent, or 4 points. The tech-heavy Nasdaq was down 0.3 percent, or 4 points. The market has been volatile this week as investors digested signs that the economic downturn, now classified as a recession, could be deepening. That point was reinforced today with new economic data showing that jobless rates might be ... (more)
via http://www.washingtonpost.com/...(more)

