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October 8th, 2008 // comments (0)
NEW YORK (AP) — Wall Street zigzagged Wednesday as an emergency interest rate cut failed to alleviate investors’ fears that the paralysis in the credit markets will set off a global recession. The major indexes moved in and out of positive territory, with the Dow Jones industrials at times falling more than 200 points.
Quick, someone call Jim Cramer and talk him down off that ledge…
Update: Nevermind… leave him out there… Dow closes down 100+.