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The stock market skidded to a new seven-year low again yesterday. Analysts attributed the plunge to investor anxiety over the war, domestic unrest, continuing inflation, and federal budget deficits.
The Dow Jones industrials average fell 11.30 points to 665.25 yesterday. In three days, the market has lost 37.56 points.
The average has now dropped 319.96 points since its all-time high in December 1968. The plunge is comparable in scale to the stock market crash during the Great Depression, but analysts say the economy is not falling apart as it was in 1929.
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