Wednesday, February 6, 2008

Rate-cut doubts sink Wall Street (Reuters)



A board shows the Dow average near the end of the trading day at the New York Stock Exchange, February 5, 2008. (Brendan McDermid/Reuters)Reuters - Stock indexes dropped for a third
straight session on Wednesday after Federal Reserve officials
cast doubt on the outlook for more interest rate cuts, driving
the Nasdaq into bear market territory.




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