Thursday, August 09, 2007

Dow Plunges 387 on Subprime Concerns - Posted By Robert Paisola

Wall Street plunged again Thursday after a French bank said it was freezing three funds that invested in U.S. subprime mortgages because it was unable to properly value their assets. The Dow Jones industrials extended its series of triple-digit swings, this time falling more than 380 points.

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