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Dow Finishes Nearly 700 Points Lower

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NEW YORK (AP) - The stock market has fallen again, diving along with investors' confidence in the economy.


Confirmation that the nation is in a recession and reports of only a modest gain in holiday shopping sales prompted many investors to resume selling after the market's five-session advance.


The Dow finished the day with a loss of more than 675 points.


Remarks by Treasury Secretary Henry Paulson that the economic downturn is "significant" but manageable likely added to the market's gloom, as did more downbeat data about manufacturing and construction.

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