Summary
NEW YORK -- Now what?
After three days of relative calm, turbulence returned to Wall Street on Wednesday. Louder warnings of a deep recession and weak corporate earnings took the Dow Jones industrial average down 514 points amid fears that government intervention won't be enough to prevent global economies from faltering.See the full content of this document
Extract
Weak Earnings Send Stocks Tumbling
Previous dramatic drops -- two of them more than 700 points -- were followed by rebounds. If that doesn't happen this time, the Dow could slip closer to closing below the 8,000 mark, which hasn't happened since March 31, 2003.
Wednesday's sell-off came after poor earnings from large c...See the full content of this document
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