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January 4, 2000 2:10 AM PST

Nasdaq plummets record 229 points

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U.S. stocks tumble on concern central banks in the United States and Europe will raise interest rates, while the Nasdaq Composite Index has its biggest point decline ever, dropping 229.66.

The story "Nasdaq plummets record 229 points" published January 4, 2000 at 2:10 AM is no longer available on CNET News.

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