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The uncertain fate of the Big Three automakers and more distressing signs of a weakening economy weighed on Wall Street Thursday as stocks retreated after two days of gains.
The Dow Jones Industrial Average slumped 215.45, or 2.5%, to 8376.24, while the S&P 500 fell 25.52, or 2.9%, to 845.22. The Nasdaq was off 46.82, or 3.1%, to 1445.56.
The trading panel on CNBC's "Fast Money" TV show offered various reasons for the market's demise. Dylan Ratigan noted the 16% drop in shares of General Motors>(GM Quote) late in the session was a big factor. ...
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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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