Stocks skid on news gov't won't buy banks' assets
(AP)
<p><img src="http://d.yimg.com/us.yimg.com/p/ap/20081111/capt.468e322708f34e3b963a1557e4c45722.wall_street_nyrd115.jpg?x=130&y=118&q=85&sig=u_fOCYFlmCFG0ylFfu3l.Q--" align="left" height="118" width="130" alt="Specialist Michael Sollitto works at his post on the floor of the New York Stock Exchange Tuesday, Nov. 11, 2008. Wall Street got another dose of painful reality Tuesday, with stocks falling sharply as investors recognized that few industries are safe from the consumer spending slump ? whether they're building homes, making cars or selling coffee. The Dow Jones industrial average managed to lift off its lows of the day, but still closed down nearly 180 points. (AP Photo/Richard Drew)" border="0" /> (http://us.rd.yahoo.com/dailynews/rss/topstories/*http://news.yahoo.com/s/ap/20081112/ap_on_bi_st_ma_re/wall_street)AP - A disheartened Wall Street fell for the third straight session Wednesday as investors absorbed another series of dismal corporate reports and news that the government won't buy banks' soured mortgage assets after all. The Dow Jones industrials skidded more than 410 points, and all the major indexes dropped more than 4 percent.</p><br clear="all"/>
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