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Wall St pounded by credit, economic fears

October 5, 2018
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Wall Street shares take a heavy pounding as credit and economicfears prompt markets to plummet more than two per cent. (The Age — 29 August, 2007)
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Markets retreat after release of housing data, report showing consumer confidence sagging. (Washington Post — 29 August, 2007)
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The stock market plunged as investors were hit by fresh worries over declining consumer confidence, falling house prices, shrinking profits and uncertainty. (New York Times — 29 August, 2007)
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Asian markets dropped Wednesday following a plunge on Wall Street amid simmering concerns over global credit market turmoil and fears the U.S. Federal Reserve won’t do enough to ease a credit crunch. European markets, meanwhile, were mixed in early trade. (MSNBC — 30 August, 2007)
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