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Stock market slides as U S economy weakens
The Dow falls over 265 points marking an eight day losing streak while the S and P 500 slides. Americans save more and spend less amid weak growth and high unemployment. Obama signs debt ceiling bill amid concerns about sustained demand.
MENTIONED IN THIS ARTICLE
Congress
Barack Obama
House
Senate
Standard & Poor
Nick Kalivas
MF Global
Washington
Joel Naroff
Naroff Economic Advisors
Obama