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M. Continuo

Wall St slides as bank uncertainty lingers


    NEW YORK (Reuters) - Stocks continued to fall on Friday, with the Dow industrials closing at a more than 6 year low, as investors lacked confidence in a government plan to stabilize the financial system without being forced to nationalize some major banks.

    * The White House said it strongly believed a privately held banking system was the correct way to go.

    * The Dow Jones industrial average fell 100.28 points, or 1.34 percent, to 7,365.67. The Standard & Poor's 500 Index slid 8.89 points, or 1.14 percent, to 770.05. The Nasdaq Composite Index dipped 1.59 points, or 0.11 percent, at 1,441.23.

    (Reporting by Rodrigo Campos)