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S&P 500 gives up '07 gains

November 21, 2007

Blue chips slumped 211 points to 12,799. The S&P 500 tumbled 22 points to 1,416. The Nasdaq gave up 2,562. Crude oil fell after hitting a record $99.29 overnight.SPEAKER: Phil Flynn, senior market analyst, Alaron Trading Conway G. Gittens reports from New York.