New York City – Credit market woes hit Wall Street again Monday, with the Dow dropping more than 200 points, in a thinly-traded session also influenced by zigzagging oil prices.
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Investors seemed to take in stride a report showing that existing home sales rose to a five-month high in July, topping forecasts, while home prices fell.
The Dow Jones industrial average (INDU) was down 241 points to close at 11,386