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US stocks hit three-year low as oil slumps again

Oil plummeted 11% on Friday in what was another bad session for Wall Street

Kristie Batten
US stocks hit three-year low as oil slumps again

West Texas Intermediate crude oil was trading at US$22.43 a barrel. The S&P 500 and Dow Jones Industrial Average each fell more than 4% as UBS tipped US growth for the first quarter to be negative....

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