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U.S. markets slide as government budget battle mounts

By Agence France-Presse
Friday, September 20, 2013 17:51 EDT
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Traders work on the floor of the New York Stock exchange on Aug. 16, 2013 in New York City. [AFP]
 
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U.S. markets slid Friday, giving up much of the gains made on the Federal Reserve’s no-taper decision, as the country girded for a disruptive Washington budget and debt showdown.

At the closing bell the Dow Jones Industrial Average was down 181.09 points (1.16 percent) at 15,455.56.

The broad-based S&P 500 dropped 12.56 (0.73 percent) to 1,709.78, while the tech-rich Nasdaq Composite fell 14.56 (0.39 percent) at 3,774.73.

[Image via Agence France-Presse]

Agence France-Presse
Agence France-Presse
AFP journalists cover wars, conflicts, politics, science, health, the environment, technology, fashion, entertainment, the offbeat, sports and a whole lot more in text, photographs, video, graphics and online.
 
 
 
 
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