Monday, November 10, 2008

Stocks Erase Gains On Economic Pessimism

The Dow Jones Industrial Average lost 73 points (0.8%) to close at 8,871, the S&P 500 Index declined 12 points (1.3%) to 919, while the Nasdaq Composite fell 31 points (1.9%) to 1,617. Crude oil gained $1.37 to $62.41 per barrel, and gold ended up $10.90 at $745.10 per ounce.

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