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Updated from 4:06 p.m. EDT
Stocks in the U.S. slid Thursday following two days of gains in New York, as shares in AIG (AIG Quote) and Wal-Mart (WMT Quote) were weak throughout the session.
The Dow Jones Industrial Average sank 224.64 points, or 1.9%, to 11,431.43, and the S&P 500 lost 23.13 points, or 1.8%, to 1266.06. The Nasdaq was off 22.64 points, or almost 1%, at 2355.73.
While the market was in the red all day, selling picked up late after Moody's said it has placed the long-term ratings for American Express (AXP Quote) on review for a possible downgrade. Shares of American Express shed 4.2%. ...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,309.92 | 1,091.49 | 2,138.44 | 32.31 |
Oil *
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