Stocks in US continue slide

Stocks dropped for the second straight session in the United States today with the Dow Jones industrial average falling to its worst close since March 9. Global markets also sold off as inflation fears worsened.

Stocks in US continue slide
Tue, 06 Jun, 2006 - 23:22

Stocks dropped for the second straight session in the United States today with the Dow Jones industrial average falling to its worst close since March 9. Global markets also sold off as inflation fears worsened.

The Dow lost more than 110 points in midday trading before narrowing its loss later in the session.

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CourtsBusinessHeathrowPlace: USPlace: United StatesPlace: Wall StreetPlace: ClevelandPlace: IndiaPlace: BangalorePlace: New York StoPerson: Federal Reserve ChairmanPerson: Ben BernankePerson: BernankePerson: John CaldwellPerson: Alan) GreenspanPerson: David A. RosenbergPerson: Merrill LynchPerson: Ralph AcamporaPerson: D.R. HortonPerson: Chief ExecutivePerson: Sam PalmisanoOrganisation: DowOrganisation: FedOrganisation: McDonald Financial GroupOrganisation: KeyCorpOrganisation: NasdaqOrganisation: New York Stock ExchangeOrganisation: TokyoOrganisation: IrelandOrganisation: New York Mercantile ExchangeOrganisation: Wall StreetOrganisation: CNBCOrganisation: Knight Capital GroupOrganisation: Wachovia Securities.Organisation: Pulte HomesOrganisation: IBM Corp.Organisation: IBMOrganisation: Hewlett-Packard Co.Organisation: US government
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