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March 23, 2008

Stocks decline after huge rally (AP)

Filed under: FInancial — Admin @ 5:04 am

Deborah Pheasant, right, and Marva Pascall, of Trinidad carry a cross away from the New York Stock Exchange as parishioners from Trinity Church and St. Paul's Chapel observe the Stations of the Cross Friday, March 21, 2008  in New York.  (AP Photo/Frank Franklin II)AP - Stocks pulled back sharply Wednesday, erasing most of the previous session’s big gains as investors grew concerned about the possibility that banks remain vulnerable to further problems from soured debt. The Dow Jones industrial average fell nearly 300 points after rising 420 on Tuesday.

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