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Written by Gary
The US averages climbed off the morning lows and steep losses to trim the DOW’s over 500 point fall to a minus 249 to 15766. The S&P 500 erased 21 points, or 1.17% to 1850, while the Nasdaq Composite slipped 5 points, or 0.12% to 4471. WTI crude climbed from the low 27′snot seen since 2003 to the low 28′s