The New York Times
Tuesday, January 20, 2009 -- 4:04 PM ET
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Dow Falls More Than 330 Points; S.&P. Drops More Than 5 Percent
After hearing the new president's inaugural address,
investors went back to selling stocks, sending the major
indexes down sharply. Traders on the floor of the New York
Stock Exchange paused at times to watch the inauguration
ceremony and President Barack Obama's remarks, but the
transition of power did not erase investors' intensifying
concerns about the struggling economy. At the close, the Dow
Jones industrial average was down more than 330 points, or
about 4 percent, while the broader Standard & Poor's
500-stock index fell 5.2 percent.
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