No post-Obama bounce for stocks

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Wall Street suffered a 5 percent retrenchment as investors realized a new president does not automatically mean a new economic outlook. The Dow fell 486 points to 9,139. The S&P 500 dropped 52 points to 952.The Nasdaq gave up 98 points to 1,681. Crude oil fell to $65.30 a barrel.Conway Gittens reports.


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