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Money Report: Dow Falls Nearly 680 Points

Tuesday, December 02, 2008 12:46:43 AM
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NEW YORK (AP) -- Stock prices fell sharply as investors digested more downbeat economic news, as well as the official declaration that a recession began about a year ago.

The Dow sunk about 680 points to 8,149, erasing much of last week's gains.

The S&P fell 80 points or nearly 9 percent to 816. The Nasdaq composite index was down 137 points to 1,398.

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