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Stocks slip on housing market fears

Indexes fall about 2% as some see danger to broader economy

Wall Street experienced its second-biggest plunge of the year yesterday, as investors fled stocks amid worry about mortgage and corporate lending markets. Wall Street experienced its second-biggest plunge of the year yesterday, as investors fled stocks amid worry about mortgage and corporate lending markets. (RICHARD DREW/ASSOCIATED PRESS)
By Robert Gavin
Globe Staff / July 27, 2007

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Concerns about slipping housing markets and rising mortgage delinquencies sparked a broad sell-off on Wall Street yesterday, driving stocks sharply lower and leaving investors to worry whether housing and credit problems will undermine the US economy. (Full article: 876 words)

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