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MARKET SNAPSHOT

Stocks plunge on higher oil, earnings
Nasdaq faces biggest one-day slump in a year

By Mark Cotton, MarketWatch
Last Update: 1:12 PM ET Jan. 20, 2006
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NEW YORK (MarketWatch) -- U.S. stocks tumbled Friday afternoon, with the Nasdaq Composite on course to post its biggest one-day fall in more than a year, after oil prices hit a four-month high and General Electric Co. and Citigroup Inc. disappointed with their fourth-quarter earnings

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