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>NEW YORK - U.S. stocks tumbled on Thursday, with the Dow sliding more than 350 points to a 21-month low, as oil hit a record and Wall Street powerhouse Goldman Sachs urged investors to sell bank and automaker shares, increasing concern about the outlook for profits.
The Dow Jones industrial average sank 358.41 points, or 3.03 percent, to end unofficially at 11,453.42 while the Standard & Poor's 500 Index dropped 38.82 points, or 2.94 percent, to end unofficially at 1,283.15. The Nasdaq Composite Index slid 79.89 points, or 3.33 percent, to close unofficially at 2,321.37.
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