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News Link • Economy - Economics USA

Black Friday: Stock Markets Tumbling

• AP
Stocks fell sharply today after the Labor Department said hiring remains weak and Hungary became the latest European country to report its economy is in crisis. Interest rates dropped as investors moved their money into the safety of Treasury bonds and notes.The Dow Jones industrial average dropped nearly 250 points and briefly fell below 10,000. All the major indexes were down more than 2 percent.

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