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Reuters: Dow closes below 12,000 on bank jitters, oil prices

Started by chris, June 21, 2008, 12:41:09 AM

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chris

Dow closes below 12,000 on bank jitters, oil prices
      


NEW YORK (Reuters) - Stocks fell sharply on Friday with the Dow closing below 12,000 for the first time since mid-March as rising oil prices and warnings of more mortgage-related write-downs at banks reignited investor fears of worse to come.
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