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02.24.2009 12:01 am

Crashing stock markets cause that sinking feeling

St. Louis Post-Dispatch
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The stock market’s major indexes continue to fall, hitting lows last seen in 1997. Several people speculate that investors are concerned about banks and loan defaults as the recession continues, which is causing an overwhelming sense of pessimism. The Dow Jones industrial average closed at 7,114. The Standard & Poor’s 500 index closed at 743. The Nasdaq composite index closed at 1,387

Today’s Bird line: That sinking feeling

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