Several locals down double digits; one closes at its June 1984 levels U.S. equity markets continued to fall Tuesday, with the major indices losing more than 5 percent as investors continued to fret over companies’ need for cash they can’t find right now. The S&P 500 Index closed the day at 996.53, its first dip below 1,000 since September 2003 coming the day after the Dow Jones Industrial Average fell below 10,000 for the first time in almost four years. All the major indices closed at their lowest levels of the day, despite Federal...
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