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New York City - U.S. Stock Market Tests Bear Market Territory

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Published on:   Jun 27, 2008 at 04:02 PM
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New York City - Stocks tumbled Friday afternoon, with the Dow crossing into bear market territory, as record-high oil prices, a weak dollar and more financial market woes rattled investors.

oil prices set record above $142. The Dow Jones closed down 93 points at 11,360


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