Dow Closes Below 12,000 for the First Time Since March

Breaking News Alert

The New York Times
Friday, June 10, 2011 -- 4:16 PM EDT

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Dow Closes Below 12,000 for the First Time Since March

The Dow Jones industrial average closed under the 12,000-point mark on Friday for the first time since March 18. Analysts attributed the decline to a general sense that the global economy was slowing and to fresh reminders that European debt problems were entrenched.

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