Stocks fall on worries about financial sector
On Thursday Wall Street slid as concerns over the financial sector, unemployment, and weak retailer sales spurred a broad market retreat. The Dow dropped about 225 points to 11431.43, with S&P 500 and Nasdaq also down, as oil rebounded and bonds gained as investors sought safety. AIG posted a multimillion-dollar quarterly loss, amplifying jitters along with cuts from GM, Weyerhaeuser and Starbucks.
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