NEW YORK The Dow Jones industrial average tumbled 148.36 pointsFriday as the stock market resumed a downward spiral amid signs ofhigher inflation.
The Dow fell to 6,391.69. It was the third drop of more than140 points in 11 sessions. The average, which a month ago was 10percent ahead for the year, is now down almost 1 percent for 1997.
Other market indicators also posted stiff losses: The Standard &Poor's 500 stock list fell 20.69 to 737.65, slightly below …
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