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The U.S. stock market took a big hit amid worries of declines in consumer confidence, lackluster global economic growth and fears of a declining euro. The stocks that took the biggest hits were industrial and technology – widely viewed as riskier stocks. The concerns sent investors to “safety assets,” sending the dollar, gold and Treasurys… Continue Reading Stocks decline on fears of slow global growth

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Stocks mostly ticked higher today after another rise in gold prices lifted shares of minerals companies. The Dow Jones industrial average rose about 15 points in afternoon trading after posting its first three-day gain since April. Broader indexes were mixed. Gold prices extended their climb after settling at record on Thursday. That lifted shares of… Continue Reading Stocks climb for 4th day after rise in gold stocks

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Dow dips below 10,000, then bounces back

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A rally pushed the Dow Jones industrials back over 10,000 after the stock market sank to its lowest levels of the year Tuesday. The late-day rebound did nothing to erase lingering worries about Europe’s debt crisis. The Dow plunged more than 250 points after the opening bell and stayed under 10,000 most of the day,… Continue Reading Dow dips below 10,000, then bounces back

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Stocks plummet on economic worries

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The Dow Jones industrials plunged below 10,000 today as traders turned away from stocks amid worries about the global economy and tensions between North and South Korea. The Dow fell 206.51, or 2.1 percent, to 9,859.76. It closed at 10,066 on Monday and has fallen 1,346 points, or more than 12 percent, from its recent… Continue Reading Stocks plummet on economic worries

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Stocks rocketed higher and interest rates fell Monday after investors were reassured by a nearly $1 trillion plan to avoid a European debt crisis. The Dow Jones industrial average rose about 390 points. The Dow and broader stock indexes rose more than 3 percent. Markets also barreled higher in Europe. The yield on the benchmark… Continue Reading Stocks surge on effort to ease Europe debt crunch

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Stocks plunge on concerns about Greece

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NEW YORK (AP) – Stocks extended their plunge into a third day Thursday as investors succumbed to fears that Greece’s debt problems would spread. The Dow Jones industrial average fell more than 900 points in afternoon trading. The Dow and broader indexes dropped more than 3 percent. The Dow had already fallen 284 points in… Continue Reading Stocks plunge on concerns about Greece

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Dow drops GM, Citigroup

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General Motors Corp. and Citigroup Inc., were removed from the Dow Jones Industrial Average and replaced by Cisco Systems Inc. and Travelers Cos. GM, which filed for bankruptcy protection today, and Citigroup, the recipient of $45 billion in taxpayer aid, became the first companies since September to leave the DJIA. Their shares have lost more… Continue Reading Dow drops GM, Citigroup

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