Quarter of '11 market gains lost in a day

Fears that the economy is stalling sent the Dow Jones industrial average down 280 points Wednesday, erasing more than a quarter of the stock market's gains for the year. Treasury bond yields fell to their lowest level since December as traders put a higher value on safer investments. It was the Dow's biggest point drop since June 4 of last year and the largest percentage drop since August.

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Source: Detroit News

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