The Delaware Gazette

Late rally erases steep losses on Wall Street

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NEW YORK — A big final-hour come­back pulled the Dow Jones indus­trial aver­age nearly back to where it started Wednesday.

Stock market decline is muted, despite bank slump

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JPMorgan’s sur­prise $2 bil­lion trad­ing loss prompted a sell-off in finan­cial stocks Fri­day, with smaller declines across the broader mar­ket as investors decided this was more of a prob­lem for invest­ment banks than for other industries.

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