Thursday, August 9, 2007

Dow plunges 300 on mortgage concerns (AP via Yahoo! News)

Wall Street fell sharply again Thursday after a French bank said it was freezing three funds that invested in U.S. subprime mortgages because it was unable to properly value their assets. The Dow Jones industrials fell more than 270 points.

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[Source: Yahoo! News Search Results for mortgages]

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