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Wall Street ends sour week with fifth straight decline

President Barack Obama and top congressional leaders met at the White House to work on a solution for the draconian debt-reduction measures set to take effect beginning next week. Stocks, which have been influenced by little else than the flood of fiscal cliff headlines from Washington in recent days, extended losses going into the close with the Dow Jones industrial average and the S&P 500 each losing 1 percent, after reports that Obama would not offer a new plan to Republicans. 

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Wall Street ends sour week with fifth straight decline

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Wall Street ends sour week with fifth straight decline by
Posted by on December 30, 2012. Filed under Featured. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry