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Reuters: Inflation concerns, oil push stocks sharply lower

Started by chris, May 20, 2008, 08:41:05 PM

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chris

Inflation concerns, oil push stocks sharply lower
      


NEW YORK (Reuters) - Stocks slid on Tuesday after oil prices jumped above $129 a barrel and a key inflation gauge rose more than expected, adding to mounting concerns about U.S. consumers' discretionary spending power.
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