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Stocks battered by credit fears

November 09, 2007

There were few bright spots as negative comments from Cisco and Qualcomm casted doubt on the health of tech spending, the dollar fell to new lows, oil rushed towards $100, and Federal Reserve Chairman Ben Bernanke testified the U.S. economy is in the midst of a rough patch.Speaker: Art Hogan, chief market strategist, Jefferies and Co.Conway G. Gittens reports.