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Dow Sinks 387 on Renewed Credit Concerns
Filed Aug 09, 2007 at 7:39 PM ·
Wall Street's deepening fears about a spreading credit crunch sent stocks plunging again Thursday, with the Dow Jones industrials extending their series of triple-digit swings and falling more than 380 points. The catalyst for the market's latest skid: a French bank's announcement that it was freezing three funds that invested in U.S. subprime mortgages.
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