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Wednesday, September 28, 2011

BREAKING NEWS: Commodities Rout Sparks Selloff on Wall Street; Dow Tumbles 180

Intense selling across the board in commodities markets, coupled with reemerging worries that European authorities won't be able to act in unison to stave off a Greek default, ignited a late-session selloff that snapped a three-day winning streak for Wall Street. The Dow dropped 180 points, or 1.6%, and the S&P 500 slid 2.1%.


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