economic assessment
Stocks tumble on $134 oil, Fed meeting minutes
Posted May 21st, 2008 by California Home LoanNEW YORK -- Wall Street pitched lower for the second straight session Wednesday as record-high oil prices and a bleak economic assessment from the Federal Reserve deepened investors' worry about rising costs and a shaky employment picture. The Dow Jones industrial average fell 227 points, logging its widest two-day loss since late February.