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Wall Street Plunges Below 8,000 For The 1st Time Since 2003 |
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Wednesday, 19 November 2008 |
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11/19/08 The bell sounded, trading stopped, and the Dow Jones plunged some 400+ points to close out the trading session below 8000 for the first time since 2003 led by a massive sell-off of stocks just prior to the closing bell. |
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Stocks plunge to 5-1/2 yr low |
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Wednesday, 19 November 2008 |
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The Dow dropped below 9,000 for the first time since March 2003 as the threat of bankruptcy in the auto sector added to fears of an extensive economic slowdown. Blue chips tumbled 427 points, down 5 percent, to 7,997. The S&P 500 lost 52 points, or 6.1 percent, to 806. The Nasdaq shed 96 points, or 6.5 percent, to 1,386. Crude oil prices fell to $53.62 a barrel. Speaker: Jim Awad, managing director, Zephyr Management Conway Gittens reports from New York. |
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Al Qaeda warns Obama |
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Wednesday, 19 November 2008 |
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Al Qaeda warns President-elect Barack Obama not to follow President W. Bush's policies. |
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'No Excuses' for Liberals |
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Wednesday, 19 November 2008 |
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Global View columnist Bret Stephens speaks with James Freeman. (Nov. 19) |
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Oil Prices Drop 63% In 4 Months |
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Wednesday, 19 November 2008 |
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11/19/08 The combination of a surplus in energy supplies, poor US economic data, & plunging global markets leading to falling energy demand, light-sweet crude traded below $54 this session and has since fell more than 63% during the past 4 months. |
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