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Blood on the Street

After a triple whammy of Paulson, Bernanke and Meredith Whitney, US equity markets closed sharply lower on Monday:

- Dow down 679.95 or 7.70 per cent to 8,149.09
- Nasdaq down 137.50 or 8.95 per cent to 1,398.07
- S&P 500 down 80.05 or 8.93 per cent to 816.19

An inauspicious start to the month.

Google Finance chart of US Equity Market closes, Dec 1 2008

Related links:

Ignoring the stock market - Felix Salmon / Market Movers

Meet the Tarps - Lex