Tag: industrial news

Stocks Fall Sharply After Oil Hits $130 a Barrel
Stocks Fall Sharply After Oil Hits $130 a Barrel

The Dow Jones Industrial Average dropped more than 700 points, putting the blue-chip gauge on track to enter a correction, as surging oil prices deepened concerns about economic growth. The Dow industrials were recently down 2.1%, or about 713 points, following four consecutive weeks of losses. At that level they would close in a correction, […]

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