5.09%QQQQ 34.86 3.65%XLF 17.80 5.22%
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NEW YORK - Diversified financial-services' stocks plunged Thursday as soaring oil prices and worries about the financial sector helped push the Dow to its lowest point in nearly two years.
Financial stocks were among the hardest hit after an analyst placed a "sell" rating on Citigroup Inc.'s stock and reduced its expectations for the brokerage sector.
The Dow Jones industrials plunging more than 350 points and oil prices rose past $140 a barrel.
How shares of some key diversified financial companies performed on Thursday:
Citigroup Inc., down $1.18, or 6.3 percent, to $17.67.
JPMorgan Chase & Co., down $1.59, or 4.2 percent, to $36.32.
CIT Group Inc., down $1.05, or 12.1 percent, to $7.60.
Bank of America Corp., down $1.80, or 6.8 percent, to $24.81.
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