Los Angeles Times | October 10, 2008 | 1:08 p.m. PDT
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Stock market rebounds after huge early loss
In another volatile day of trading, the Dow closed down about 100
points after plunging nearly 700 points and dipping below the 8,000
mark shortly after the opening bell. The market fluctuated wildly in
the last hour of trading as investors looked for bargains after eight
straight days of massive losses.
- Oil prices dropped below $78 a barrel, sinking to the lowest level in
nearly 13 months. The cost of light, sweet crude for November delivery
closed down $8.83, or 10%, to $77.76 a barrel.
More soon at:
http://link.latimes.com/r/3J4Y05/ONY5N/RHUF74/8D77/ODXS4/AZ/t

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Posted By Breaking News to Break News at 10/10/2008 11:10:00 PM

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