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Dow tumbles as financial stocks sag

Skittish investors batter financial stocks, driving the Dow sharply lower despite a Federal Reserve move to free up short-term corporate credit. Investors boo Bank of America's dividend cut. Royal Bank of Scotland plunges on talk it needs help from the British government.

Market update

[BRIEFING.COM] The recovery effort is short-lived as the major indices fall toward session lows.  All ten economic sectors are posting a loss.

Bank of America (BAC 25.41, -6.79) is two thirds done pricing its $10...more...

Financial news center

Wells seen winning 75-80 percent Wachovia deposits: source

Wells Fargo & Co is likely to get about 75 percent to 80 percent of Wachovia Corp's deposits, while Citigroup is likely to get closer to 20 percent to 25 percent of the deposits, a person briefed on the matter said on Tuesday. 10/7/2008 2:56 PM

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Video on MSN Money

The Criag's List economy - CNBC

'Craig's List' economy

See how the downturn in the economy has given CraigsList.com an upscale feel, with CNBC's Darren Rovell.


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CAPS-Community Stock Ratings

CAPS
Hottest 5-Star Stocksmore...
Webzen, Inc. (ADR) (WZEN)+29.41%
Critical Therapeutics, Inc. (CRTX)+17.76%
Insite Vision, Inc. (ISV)+15.59%
Recent All-Star Picksmore...
richsimpsonrichsimpson (rated 93.30) picked WB Outperform
robbg52999robbg52999 (rated 97.97) picked GGP Outperform
KelsonerKelsoner (rated 89.51) picked STT Outperform
Today's Hottest Playersmore...
WaitingToHappenWaitingToHappenRating: 98.69 +71.28
mmmedmmmedRating: 97.78 +60.27
Ph1sh55Ph1sh55Rating: 90.39 +57.80

Ratings as of 2:00 PM Eastern Time

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