Stocks Tumble as Credit Fears Mount

Indexes were whipsawed by news of Fed liquidity injections and market rumors about mortgage firm Countrywide. The S&P 500 is now down for the year

Troubles in the mortgage and credit markets continued to take a toll on U.S. stocks Wednesday following Tuesday's slide. In a see-saw session, major indexes were boosted by news that the Federal Reserve pumped more money into the financial system, but then lost ground again as rumors swirled about troubles at mortgage llender Countrywide Financial (CFC).

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