Market Slides As Mortgage Woes Escalate
Date: Thu, 16 Aug 2007 11:30:00 -0400
Market Slides As Mortgage Woes Escalate
Stocks fell sharply after a move by Countrywide Financial Corp.
confirmed fears of widening problems with some mortgages and tighter
access to credit. The Dow Jones industrials fell more than 100 points in
early trading.
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