US stocks plummet as Middle East tension rises

US stocks plunged for a second session in a row today as Wall Street battled a storm of negative factors – soaring oil prices, interest rate jitters and a slowing economy.

US stocks plummet as Middle East tension rises
Thu, 13 Jul, 2006 - 23:09

US stocks plunged for a second session in a row today as Wall Street battled a storm of negative factors – soaring oil prices, interest rate jitters and a slowing economy.

The Dow Jones industrial average dropped almost 167 points, bringing its two-day loss to 288.

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