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Thursday, January 10, 2008
Dow Jones
The Dow Jones index posted the worst fourth quarter since l987. Wall Street ended a painful year with another steep loss as investors glumly anticipated that 2008 would bring more of the uncertainty and turbulence of 2007. The Dow Jones industrials fell 101 points. The index posted its worst fourth quarter drop in 20 years, amid billion dollar losses at the world's biggest financial companies and falling spending by consumers whose budgets have been crimped by record high oil prices and declining home prices. Hopefully 2008 will be better.
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