Stocks Plunge On Retail Sales, Unemployment Reports

Traders work on the floor of the New York Stock Exchange September 4, 2008 in New York City. Following a report of rising jobless claims, U.S. stocks declined in morning trading.
Traders work on the floor of the New York Stock Exchange September 4, 2008 in New York City. Following a report of rising jobless claims, U.S. stocks declined in morning trading.
(Photo by Spencer Platt/Getty Images North America)
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Traders work on the floor of the New York Stock Exchange September 4, 2008 in New York City. Following a report of rising jobless claims, U.S. stocks declined in morning trading. A trader rests on the floor of the New York Stock Exchange September 4, 2008 in New York City. Following a report of rising jobless claims, U.S. stocks declined in morning trading. A trader smokes outside of the New York Stock Exchange September 4, 2008 in New York City.The Dow Jones Industrials plunged more than 300 points after retailers reported weak August sales, and a new Labor Department report showed 15,000 new jobless claims. A trader smokes outside of the New York Stock Exchange September 4, 2008 in New York City.The Dow Jones Industrials plunged more than 300 points after retailers reported weak August sales, and a new Labor Department report showed 15,000 new jobless claims.
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