U.S. Stocks Tumble as Treasuries Rally on Budget Concerns

U.S. stocks slid, sending the Dow Jones Industrial Average to its biggest drop in a year, oil sank and Treasuries surged the most in five months as President Barack Obama’s re-election set up a budget showdown with the Republican-controlled House. The Dow tumbled 312.95 points, or 2.4 percent, to…

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U.S. Stocks Tumble as Treasuries Rally on Budget Concerns

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