Wall Street opens steeply lower (AP)

Courtesy Ytop stories  Mon, 03/17/2008 - 8:47am

Michael Capolino of GLT Edge Equities watches the early numbers decline on the floor of the New York Stock Exchange, Friday, March 14, 2008.<br /><br />Stocks plunged early as investors worried that a plan to ease a liquidity crisis at Bear Stearns Cos. indicates how severe credit troubles have become.<br /><br />(AP Photo/Henny Ray Abrams)AP - Wall Street tumbled in early trading Monday as Wall Street and other global markets reeled from JPMorgan Chase & Co.'s government-backed buyout of the invalid investment bank Bear Stearns Cos.

The Dow Jones industrials fell about 150 points in the first few minutes of trading.



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