Shares plunge on Wall Street

A barrage of bad news including a new record high for oil sent Wall Street plunging today, hurtling the Dow Jones industrials down nearly 360 points to their lowest level in nearly two years.

Shares plunge on Wall Street

A barrage of bad news including a new record high for oil sent Wall Street plunging today, hurtling the Dow Jones industrials down nearly 360 points to their lowest level in nearly two years.

Oil’s surge past 140 a barrel was just one of the day’s troubling developments. Warnings of trouble in the key financial, automotive and high-tech industries added up to an increasingly troubled economy.

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