Reuters: Market drops 3 percent on profit jitters, oil record

[chris]

Market drops 3 percent on profit jitters, oil record
      

NEW YORK (Reuters) - Stocks plunged on Thursday, with the Dow sliding about 360 points to a 21-month low as oil hit a record and Wall Street powerhouse Goldman Sachs urged investors to sell bank and automaker shares, escalating concern about the outlook for profits.
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