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Tuesday, March 6, 2012

BREAKING NEWS: Stocks Walloped in Worst Slide of 2012

Wall Street took its worst fall of the year on Tuesday as material, industrial and financial names took a strong hit from swelling fears that Greece may not be able to seal a critical bond-swap deal and growing nervousness that the global economic recovery could be stumbling. The Dow shed 204 points, or 1.6%, while volatility spiked some 15% and traders sought out shelter in the safest asset classes.


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