U.S. Stocks slide on credit fears |
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USD declined – Oil rose Asian stocks hit a two-year low Today’s main events: US MBA Mortgage applications GB Minutes of BoE meeting American Time Zone: U.S. Stocks Retreat U.S. stocks declined and the Standard & Poor's 500 Index posted its steepest twoday slump since June after wholesale prices rose faster than economists estimated, housing starts fell and concern grew that the nation's biggest financial firms will report more losses. American International Group Inc., the largest insurer,
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