Financial Times FT.com

US stocks plummet on grim economic outlook

By Alistair Gray in New York

Published: November 6 2008 13:52 | Last updated: November 6 2008 21:50

Fresh signs of the serious difficulties facing corporate America pushed Wall Street stocks sharply lower for a second straight session.

A host of big names neared or surpassed yearly lows in a heavy sell-off that took in all sectors and extended the losses endured in the market’s worst ever post-election day drop.

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