Wall Street: The bear is back

Stocks slumped Wednesday, with the Dow and Nasdaq ending in bear market territory on record oil prices, a 15% slump in GM stock and worries ahead of the June jobs report and ECB interest-rate decision, both due Thursday.

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Stocks feel bear’s breath, jobs data ahead (Reuters)

Traders work on the floor at the New York Stock Exchange, June 26, 2008. (Brendan McDermid/Reuters)Reuters - Stocks will start the second half of
2008 staring into the jaws of a bear market.



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Market ends lower, Dow on cusp of bear market (Reuters)

Stocks fell sharply on Friday as the drop in the Dow had pushed it down in afternoon trading more than 20 percent below its October 2007 peak. (Graphics/Brendan McDermid - photo/Reuters)Reuters - Stocks fell on Friday, pushing the Dow
to the brink of a bear market, hounded by concerns that record
oil prices and the seemingly endless credit crisis will further
damage the economy.



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Stocks rally at end of tough week

Stocks rallied Friday, muscling back at the end of a tough week, with a stronger dollar and weaker oil prices giving investors a reason to dive back into some recently beaten-down shares.

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Stocks fall on Bernanke warning, techs (Reuters)

Traders work on the floor of the New York Stock Exchange, April 16, 2008. (Keith Bedford/Reuters)Reuters - U.S. stocks fell on Tuesday as
investors worried that interest rates may be headed back up
after Federal Reserve Chairman Ben Bernanke said that the
central bank would strongly resist rising inflation.

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Stocks fall on Bernanke warning, techs (Reuters)

Traders work on the floor of the New York Stock Exchange, April 16, 2008. (Keith Bedford/Reuters)Reuters - U.S. stocks fell on Tuesday as
investors worried that interest rates may be headed back up
after Federal Reserve Chairman Ben Bernanke said that the
central bank would strongly resist rising inflation.

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Stocks fall on Bernanke warning, techs (Reuters)

Traders work on the floor of the New York Stock Exchange, April 16, 2008. (Keith Bedford/Reuters)Reuters - U.S. stocks fell on Tuesday as
investors worried that interest rates may be headed back up
after Federal Reserve Chairman Ben Bernanke said that the
central bank would strongly resist rising inflation.

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Stocks fall on Bernanke warning, techs (Reuters)

Traders work on the floor of the New York Stock Exchange, April 16, 2008. (Keith Bedford/Reuters)Reuters - U.S. stocks fell on Tuesday as
investors worried that interest rates may be headed back up
after Federal Reserve Chairman Ben Bernanke said that the
central bank would strongly resist rising inflation.

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Stocks fall on Bernanke warning, techs (Reuters)

Traders work on the floor of the New York Stock Exchange, April 16, 2008. (Keith Bedford/Reuters)Reuters - U.S. stocks fell on Tuesday as
investors worried that interest rates may be headed back up
after Federal Reserve Chairman Ben Bernanke said that the
central bank would strongly resist rising inflation.

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Stocks fall sharply on surge in oil, jobs data (AP)

Justin Vargas fuels up his truck which he uses for his work in carpentry and construction at a gas station in Half Moon Bay, Calif., Tuesday, May 27, 2008. Vargas fuels up his truck mostly with bio-diesel to save on expenses and tops off the tank with diesel. Oil prices shot up more than $11 to a new record above $139 Friday, June 6, 2008 after Morgan Stanley predicted prices would hit $150 by the Fourth of July. The unprecedented jump is all but certain to drive gas prices well past the $4 mark in the coming weeks. (AP Photo/Marcio Jose Sanchez)AP - Wall Street has plunged, with the Dow Jones industrials closing down more than 400 points, after oil prices shot higher and neared $140 for the first time.