Stocks Sink as Oil Soars, GM Warns (Reuters)

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March 16th, 2005, 06:00 PM

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Stocks Sink as Oil Soars, GM Warns (Reuters)

Reuters - U.S. stocks tumbled on Wednesday, with
the Dow and the S&P 500 at three-week closing lows, as crude
oil futures rocketed to a record and General Motors Corp.
warned that its 2005 earnings will be as much as 80
percent below its previous forecast.

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