Stocks Slump on Economic Worries

Jobless claims jumped, and the U.S. economy grew 1.9% last quarter. Exxon Mobil's record-breaking profit still disappointed investors.

Stocks fell Thursday after mixed economic news and a jump in initial jobless claims that raised worries about Friday's crucial jobs report. Also, the world's largest company, Exxon Mobil (XOM), disappointed investors even as it posted the biggest quarterly profit ever by a U.S. corporation.

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