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Stocks slump to 1-1/2 yr low

March 07, 2008

The Dow fell 146 points to 11,893.The S&P 500 lost 10 points to 1,293.The Nasdaq dipped 8 points to 2,212.Crude oil fell after hitting a new record of $106.54Speaker: Chris Low, chief economist, FTN FinancialConway Gittens reports from New York.