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Dow plunges more than 300 points as economic, Europe worries continue

Published 08/04/2011, AP Business Writer

The Standard & Poor's 500 index fell more than 3 percent, bringing it 10 percent below its recent high of 1,363 reached on April 29. A decline of 10 percent is considered to be a market correction. The Dow Jones industrial average is now down more than 1,100 points from July 21. Watch video report at bottom of article.

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