Wall Street continued to decline Tuesday, after the U.S. government reported worse-than-expected wholesale inflation.The wholesale prices surged 1.2 percent in July. The increase was more than double the 0.5 percent gain that economists had expected. Core prices, excluding food and energy, rose 0.7 percent.American International Group, the world's largest insurer, fell 6 percent.JPMorgan Chase predicted that Lehman Brothers may write down about 4 billion U.S. dollars in the third quarter. Lehman tumbled 13 percent.The Dow Jones fell 130.84, or 1.1 percent, to 11,348.55. The Nasdaq fell 32.62, or 1.4 percent, to 2,384.36.
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