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Stocks slump after oil plummets

ANOTHER big drop in the oil price overnight has wreaked havoc on global stocks.

Kristie Batten

West Texas Intermediate crude oil plunged 5% to $US50.04 a barrel, the lowest price since 2009. On Wall Street, the Dow Jones Industrial Average and S&P 500 each fell by more than 1.8%, while Toronto’s...

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