Article updated: 9/25/2012 4:06 PM

Dow drops 100 after Fed official’s warning

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U.S. stocks declined, erasing earlier gains after benchmark indexes approached five-year highs, amid concern that global stimulus measures won't be enough to boost growth at the world's largest economy.

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A quiet day on Wall Street turned into the worst sell-off in three months after a Federal Reserve official said he doubted the bank’s effort to boost economic growth would work.