Inflation Fears Send Dow Below 800 In Slide
Inflation worries deepen concerns about the economy as the Dow Jones industrial average falls to 795.13, the S&P 500 drops to 82.09, and the NYSE composite slips to 43.59 amid renewed fears of a prolonged recovery and ongoing inflation. Traders weigh a government production surge against a Congressional Budget Office forecast of persistent unemployment and inflation.
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By Roger Bollen