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COPYRIGHT 2002 Knight-Ridder/Tribune Business News
By Judith Schoolman, Daily News, New York Knight Ridder/Tribune Business News
Apr. 12--Stocks tanked yesterday as disappointing blue-chip profits, fresh accounting woes and cloudy forecasts translated into a 2 percent market decline.
Led by big-name stocks, including GE, IBM and AT&T, the Dow tumbled 205.65 to 10,176.08.
Tech stocks, led by a 16 percent plunge in Yahoo, led the Nasdaq down 41.83 to 1,725.24.
Yesterday's drop was the deepest Dow decline in nine weeks.
Year to...
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