10 August, 2011

CNN Breaking News

The stock market got off to another wild start with a sharp sell-off Wednesday. The Dow dropped more than 400 points during the first hour of trading and all but erased the prior day’s rally.

The S&P 500 and Nasdaq composite fell more than 3% each.

On Tuesday, stocks made a huge run higher in the aftermath of the Federal Reserve's pledge to keep interest rates "exceptionally low" through the middle of 2013.

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