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New York - U.S. Stocks Slide Nearly 700 Points

Dec 01, 2008 at 04:05 PM

New York - U.S. stocks slid, halting a five-day advance, on growing concern the global economic slump is deepening and consumers’ access to credit is shrinking. General Electric Co. and Caterpillar Inc. lost more than 6 percent following a report that manufacturing contracted at the fastest pace in 26 years. American Express Co. and JPMorgan Chase & Co. fell more than 9 percent on...

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