Stocks fell sharply Wednesday, with the Dow sliding as much as 513 points, as Barack Obama's historic victory gave way to renewed worries about the struggling economy.
The Dow Jones industrial average (INDU) lost 486 points or 5%. The blue-chip average lost as much as 513 points earlier. The Standard & Poor's 500 (SPX) index lost 5.3% and the Nasdaq composite (COMP) gave up 5.5%.
read the CNN story
My thoughts: Maybe Wall Street does not like socialism.
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