COMMENTARY Stocks took a pasting this week, as concerns over the slow pace of recovery and poor corporate earnings continued to mount. The Dow industrials tumbled 41 points on June 17 to the lowest level in more than two months, and the decline in small-company stocks was even sharper. Foreign markets were also hit. Tokyo declined 7.3% for the week to a 68-month low. Mexican stocks were savaged, with traders attributing the decline to worries over the improving election chances of Ross Perot, who opposes free trade with Mexico.
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