Stocks plunge nearly 400 points
Stocks plunged Friday, sending the Dow Jones industrials down nearly 400 points, after oil prices shot up by more than $11 a barrel and neared $140 a barrel - and wiped out investors' recent optimism about the economy in the process.
Canadian stocks tumbled nearly 300 points Thursday to a more than two-month low as the market digested disappointing news that the Fed may wind down some stimulus measures later this year.