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Dow Jones Falls to its Lowest Level in Six Years
US stocks fell sharply on Thursday sending the Dow Jones Industrial Average to a six-year low. The decline was primarily triggered by financial shares which sank to the lowest level since 1995 on concern over increasing credit card defaults. Stocks of Bank of America Corp and Citigroup Inc slid 14% each thus driving the Dow... »
Global financial run-down
Globally, the stock market has suffered one of its worst days since the financial meltdown on the week beginning December 1, 2008. Slicing close to 680 points off the Dow Jones industrial average, Wall Street snapped out of its daydream and again faced the harsh reality of a recession. More gains were erased and... »
