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Media reporting error causes Dow to drop 350 points

Media reporting error causes Dow to drop 350 points

Lucky for me, I was busy all day and did not learn about this until it was over with. ABC News reporter Brian Ross put out a report this morning with most of the crucial details wrong – causing the Dow 30 Industrials to drop 350 points. The false report was broadcast as an interruption to regular scheduled programming, as well. Seven hours later, Ross issued a weak clarification; in fact, his report should have been retracted as much of…

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