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Old 11-09-2012, 04:58 PM
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Forward Downward: Stocks Crash After Obama Win

The Dow Jones Industrial Average lost nearly 250 points in the first hour of trading on Wednesday morning, the day after President Barack Obama won re-election to a second term in office. News of poor economic forecasts in Europe also drove the steep decline; the European Union is now predicting that it will slide into recession. European markets had actually greeted the Obama win with a brief rise, before economic reality set in.
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