Stock slide accelerates, oil plunges below $30 a barrel
By ALEX VEIGA, Associated Press
Published: January 15, 2016, 9:54am
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Energy and financial companies led a broad decline for U.S. stocks in midday trading Friday as the slump in the price of oil worsened, pulling crude below $30 a barrel. The Dow Jones industrial average was down more than 400 points, extending its losses for the year. Discouraging data on retail sales and manufacturing also weighed on the market.
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