Slower sales forecasts from Wal-Mart and Cisco drive stock market lower; Dow down 225 points

  • by: MATTHEW CRAFT , Associated Press
  • Updated: August 15, 2013 - 5:22 PM

NEW YORK — Grim sales forecasts from two major companies and concern that the Federal Reserve will soon start withdrawing its support for the economy pummeled the stock market Thursday.

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