Rise in unemployment and oil price sends Dow down

US stocks slumped today as investors fretted over a rise in unemployment claims and the prospect of more bank failures.

Thu, 28 Feb, 2008 - 21:01

US stocks slumped today as investors fretted over a rise in unemployment claims and the prospect of more bank failures.

The Dow Jones industrial average fell 112 points, breaking its four-day winning streak.

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