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Stocks tumble following downgrades, spike in oil (AP)

Started by riky, June 26, 2008, 05:43:52 PM

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riky

Stocks tumble following downgrades, spike in oil
    (AP)

 


<p>You are not allowed to view links. Register or LoginAP - Stocks tumbled Thursday as Wall Street contended with a barrage of bad news: another surge in oil prices and warnings of trouble in the key financial, automotive and high-tech industries. The major indexes showed losses of more than 1 percent, including the Dow Jones industrial average, which shed more than 200 points and dropped to its lowest level of the year.</p><br clear="all"/>


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