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The Dow Jones industrial average ended down 113.35points, or 0.73 percent, at 15,337.66. The Standard & Poor's 500Index was down 8.77 points, or 0.52 percent, at1,685.39. The Nasdaq Composite Index fell 15.17 points,or 0.41 percent, at 3,669.27.
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But though they faced a very conciliatory Obama in 2011, this time looks to be different. The president says he is not negotiating further budget cuts in exchange for a debt ceiling increase — much less putting Obamacare on the chopping block.
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