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U.S. stocks dive on Fed rate cuts

Tuesday, December 11, 2007

U.S. stock indexes closed down more than 2 percent, plummeting after the U.S. Federal Reserve cut two key interest rates by a quarter percentage point. The Dow Jones industrial average tumbled 294.26 points, or 2.14 percent, to close at 13,432.77. The bro...
From: www.earthtimes.org

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