The News Tribune (Lite) - Hints of bad news from Intel, other indicators send stocks plummeting

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Hints of bad news from Intel, other indicators send stocks plummeting

THE NEWS TRIBUNE
A warning from tech giant Intel about poor business conditions and more evidence of rising unemployment left stocks Wednesday with their biggest losses in a month.

The news upended some investors’ hopes for a speedy economic recovery this year and sent the major stock indexes down more than 2.5 percent, including the Dow Jones industrials, which lost 245 points.

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