Nasdaq officially closes in a bear market, ending a brutal week for US stocks

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News Alert Friday, December 21

The tech-heavy index, along other major U.S. stock gauges, has fallen sharply, hurt by fears of rising interest rates, slowing global growth and worries about a looming government shutdown. It is now more than 20 percent below its peak in late August, a bad sign for investors.

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Nasdaq officially closes in a bear market, ending a brutal week for US stocks

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