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Home > Waco Breaking News > Archives > 2008 > October > 15 > Entry

Dow sheds more than 300 points

By Ken Sury | Wednesday, October 15, 2008, 11:16 AM

Stocks continued to slump this morning behind a weaker-than-expected retail sales report.

The Dow Jones industrial average slipped back beneath the 9,000 mark despite other good news such as credit markets easing a bit, with a key overnight bank lending rate falling.

The dollar gained versus the yen and fell against the euro.

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