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How the Markets Moved

How the Markets Moved

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Fed Cuts Interest Rate to Stem Panic
Article | The Federal Reserve slashed a key interest rate by three-quarters of a percentage point yesterday, a bold action designed to prevent steep losses in world stock markets from causing an all-out panic.
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Bush, Lawmakers Are Close to Deal on Stimulus Package
Article | President Bush and congressional leaders moved closer to agreeing on a compromise economic rescue package yesterday, fending off fresh protests from both the right and the left as they rushed to respond to a cascading series of economic troubles and to head off a potential recession.

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