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Wall Street

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NEW YORK (AP) — Grim sales forecasts from two major companies and concern that the Federal Reserve will soon start withdrawing its support for the economy pummeled the stock market Thursday. The Dow Jones industrial average slumped 225 points, its worst day in nearly two months.

Before the start of trading, Wal-Mart cut its estimates for annual revenue and profit. The news followed a disappointing revenue forecast from Cisco Systems late Wednesday. In a twist, more signs of resilience in…

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