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Friday, March 28, 2008
Stocks falter on economic worries
Mar. 26 - U.S. stocks saw their biggest drop in a week after a report showing weaker-than-expected orders for long-lasting items fueled concerns about the economy. The Dow dropped 109 points to 12,422. The S&P 500 lost 11 points to 1,341. The Nasdaq fell 16 points to 2,324. Crude oil prices surged to close near $106 a barrel.
Conway Gittens reports from New York.
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