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Wall St. slides on global rout, bank woes


    NEW YORK (Reuters) - Stocks slumped at the open on Friday, with the benchmark S&P 500 falling below the 900 mark, as fears that tighter credit may send the global economy into recession slashed the appetite for risk.

    The Dow Jones industrial average slid 401.27 points, or 4.68 percent, to 8,177.92. The Standard & Poor's 500 Index was down 6.43 percent, or 58.48 points, at 851.44. The Nasdaq Composite Index was down 69.09 points, or 4.20 percent, at 1,576.03.

    (Editing by James Dalgleish)