New York, NY – U.S Stocks Sharp Sell Off.

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    New York, NY – U.S. stocks fell, led by telephone and financial companies, after AT&T Inc. said it faces “softness” in its consumer business, and the country’s largest home-loan lender Countrywide Financial Corp speculation it will file for bankruptcy.

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    The Dow Jones Industrial average closed down 238 points, at 12589


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