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... ore than 1,600 stocks listed on the New York Stock Exchange, only a few dozen stocks rose, and the rest all fell.
Among them, many representative blue-chip stocks fell horribly. Almost all the stocks of large companies fell by about 30%. For example, General Electric Company fell by 34%, and Telegraph and Telephone Company fell by 20%. Nine, Coca-Cola fell 36 percent, Westinghouse fell 45 percent, American Express fell 38 percent, Boeing fell 29 percent…
As early as last week, m ...
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