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Nasdaq hits new 52-week low

December 20, 2000 Wall Street is bracing for the Nasdaq to turn in its worst yearly performance ever, with a 42.7 percent drop since January and a 54.6 percent drop since its all-time high March 10. TAGS: S&P 500, Nasdaq Composite, Wall Street, earnings, drop, Cisco Systems Inc., investor, information technology, Microsoft Corp.
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