Market plunge takes restaurant stocks with it

NEW YORK After a spring of relative calm, the stock market was hammered to it worst close in months by surging oil prices and the government’s report of the highest monthly unemployment growth in 22 years. And it dragged most restaurant stocks right along with it.

Discretionary sectors like the restaurant industry fared particularly poorly as jittery investors read the rise in unemployment as a prelude to even less consumer spending. 

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