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Updated from 9:27 a.m. EDT
Stocks on Wall Street opened to the downside Friday, as the credit crisis wore on and financial stocks, hammered all week, looked ready to take another drubbing.
The Dow Jones Industrial Average was sinking 125 points at 8453, and the S&P 500 was losing 14 points at 895. The Nasdaq was down 17 points at 1627.
After a day of whipsaw trading, stocks sold off hard into the close Thursday. Skepticism about government intervention in the financial markets and heavy selling of financial and insurance stocks contributed to declines in the major indices. The Dow Jones Industrial Average dropped 7.3%, the S&P 500 gave back 7.6%, and the Nasdaq tumbled 5.5%. ...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
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| 10,309.92 | 1,091.49 | 2,138.44 | 32.31 |
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DOWN
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