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US stocks retreat on weakness in financial sector

 
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Jaalam
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Joined: 19 May 2006
Posts: 8771
PostPosted: Tue Aug 19, 2008 10:08 am    Post subject: US stocks retreat on weakness in financial sector Reply with quote
WALL Street retreated yesterday after Fannie Mae and Freddie Mac fell to their lowest levels in nearly 20 years on concerns that the government might need to bail out the mortgage financiers.

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