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Article updated: 11/14/2012 4:19 PM

Stocks slide as impasse over budget deficit looms

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U.S. stocks fell, sending the Dow Jones Industrial Average to the lowest level since June, as concern about the budget debate in Washington and an Israeli air strike erased an early rally led by technology shares.

ASSOCIATED PRESS

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Investors drew little hope Wednesday for a quick compromise in U.S. budget talks after President Barack Obama insisted that higher taxes on wealthy Americans would have to be part of any deal.
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