Stocks drop sharply after Plan B fails

The AP reports

The Dow Jones industrial average fell 140 points to 13,171 in the opening minutes of trading, a decline of 1 percent. The Standard & Poor’s 500 index fell 15 points to 1,428. The Nasdaq composite index fell 52 to 2,997.

Rachel Weiner covers local politics for The Washington Post.

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Felicia Sonmez · December 21, 2012

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