Stock markets plunge as losing streak extends to six weeks, longest since 2002 (Washington Post)

Wall Street limped to a six-week losing streak Friday, its longest since 2002,
reflecting a gathering sentiment among investors that the economic recovery is
going awry.

The losses, which pushed the Dow Jones industrial average below 12,000, have
piled up after an exuberant eight-month run in which corporate profits and
share prices soared. Retirement accounts of ordinary Americans began to look
healthy again. The unemployment rate remained high but started to inch down.

Now, momentum from that stretch is fading fast, posing a headache for the
Obama administration as it seeks to tout its record on the economy.

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