US stocks plunge

Lacklustre earnings reports from Dow Jones industrials General Electric and Citigroup sent stocks nosediving on Wall Street today.

US stocks plunge

Lacklustre earnings reports from Dow Jones industrials General Electric and Citigroup sent stocks nosediving on Wall Street today.

Soaring energy prices compounded the US market’s gloom over earnings, with crude oil returning to a four-month high on concerns about Iran’s nuclear arms dispute.

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