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New York City - The Bear Market Of 2008 - Non Stop Selling In U.S. Stock Market

Oct 07, 2008 at 04:15 PM

New York City - U.S. stocks fell for a fifth day, with the Dow falling as much as 508 points, as the Fed's plan to loosen credit markets failed to counter investor pessimism about the government's ability to rescue the markets. Ben Bernanke's dour economic outlook in an early afternoon speech added to the day's weakness. And a report showed consumer borrowing in August fell for the first time...

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