US STOCKS-Dow falls 394.64 points on jobless rate, record oil on 6/6/08.
Its biggest drop since February 2007. The blue-chip Dow average was off 3.4 percent for the week.
Nasdaq Composite Index .IXIC lost 75.38 points, or 2.96 percent, to close at 2,474.56, down 1.9 percent for the week.
Factors:
* Stagflation fears rattle market
* Soaring oil, unemployment rate (Rose to 5.5% on May, its highest level since October 2004) spur broad sell-off
* Big manufacturers, financials, airlines, retailers hit
