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Markets had an off day due to poor earnings by American Express and bad news from Wachovia

22-07-08

Markets had an off day due to poor earnings by American Express and bad news from Wachovia. Wachovia is no longer in wholesale mortgage lending. It was a poor news day. As a result the Dow Jones Industrial Average fell 29 points down .25 percent for the day. The Nasdaq fell 3.25 points down .14 percent for the day.

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