Politics & Government

October 7, 2008 11:09 AM

Market plunge continues, despite Fed's new lending plan

The Dow fell another 508.39 points, or 5.1 percent, Tuesday bringing its decline in the last five trading days to 13 percent. That, despite a major initiative by the Federal Reserve to lend money directly to U.S. businesses in an effort to unclog the frozen credit markets.

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