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IPFS News Link • Economy - Economics USA

U.S. Stocks Fall, Sending Market Below Lowest Close Since 1997

02-23-2009 • Bloomberg.com

Feb. 23 (Bloomberg) -- U.S. stocks fell, sending the Standard & Poor’s 500 Index below its lowest close in 12 years, as concern that the deepening recession will erode earnings offset the government’s pledge to give more capital to banks.

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