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Reuters: S&P 500 plunges into a bear market

Started by chris, July 09, 2008, 11:41:08 PM

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chris

S&P 500 plunges into a bear market
      


NEW YORK (Reuters) - Stocks tumbled on Wednesday, dragging the S&P 500 into a bear market, as worries about more credit losses hurt financial companies and Cisco Systems led technology shares lower after its CEO raised fears of an extended economic downturn.
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