Dow plunges 387 on subprime concerns - East Valley Tribune: Business

Dow plunges 387 on subprime concerns

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Posted: Thursday, August 9, 2007 12:35 pm | Updated: 6:01 pm, Fri Oct 7, 2011.

NEW YORK - Wall Street fell sharply again Thursday after a French bank said it was freezing three funds that invested in U.S. subprime mortgages because it was unable to properly value their assets. The Dow Jones industrials fell more than 270 points.

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