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Wednesday, November 28, 2012

Stocks slide on 'fiscal cliff' warning

FILE - In this Thursday, Nov. 15, 2012, file photo, traders work on the floor at the New York Stock Exchange, in New York. Investors are taking little comfort from the latest deal to deliver financial aid to Greece and increases in U.S. consumer confidence and orders for machinery and equipment. (AP Photo/Seth Wenig)Stocks slumped on Wall Street Tuesday after Senate Majority Leader Harry Reid said he was frustrated by the lack of progress in talks over the U.S. budget impasse in Washington.



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