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October 13, 2008

Dow Suffers Worst Week in 112-Year History
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Global stock markets rose sharply today in trading in Asia and Europe
after news of the European bailouts were revealed. This comes after the
worst week for the Dow Jones Industrial Average in its 112-year history.
The Dow lost a record 18 percent last week. The Dow’s previous worst
week was in 1933. The Wall Street Journal reports US stocks have lost
$8.4 trillion in value since the market peaked a year ago.



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