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Stocks tumble on $135 oil, Fed meeting minutes



By MADLEN READ, AP
21 May 2008 @ 10:09 pm EST

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Quotes
AMR 7.8 -1.44
BAC 32.84 -1.64
JPM 43.4 -2.5
AXP 29.28 -1.59

SYMBOL LOOKUP

Declining issues outnumbered advancers by about 7 to 3 on the New York Stock Exchange, where consolidated volume amounted to 4.41 billion shares, up from 3.74 billion on Tuesday.

In overseas trade, Tokyo's Nikkei closed down 1.65 percent. In Europe, London's FTSE rose 0.10 percent, Frankfurt's DAX declined 1.09 percent and Paris' CAC 40 fell 0.54 percent.

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