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October 29, 2008 · 1:36PM

U.S. Stocks Lose Ground On Bleak Fed Outlook

The Dow Jones Industrial Average failed to sustain a 300 point rally Wednesday, closing down 74 points after the Federal Reserve tempered a half percentage rate cut with a bleak forecast for exports and consumer spending. (CNN Money)

Categories: Business & Finance Today · Financial Services · Markets, Economic News

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