Los Angeles Times | October 8, 2008 | 1:07 p.m. PDT --- Update: Stocks close down nearly 200 points after volatile day of trading The Dow Jones industrials fell in early trading today, then moved into positive territory before closing down nearly 200 points following the Fed's action to cut a key interest rate to 1.5% The Federal Reserve and five other central banks cut their key interest rates this morning, hoping to jolt petrified global credit markets back to life. More soon at: http://link.latimes.com/r/LV1G9U/RUIEF/YC8TDE/IFKO/88SJ4/HK/t
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