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US close: Stocks tumble as global markets are hit by China slowdown fears

2015-08-24 23:45:35| Grocery - Topix.net

US stocks ended a volatile session off their worst levels but still sharply lower on the back of a major selloff that saw Chinese shares plunge to their lowest point since 2007. The Dow Jones Industrial Average, which had fallen by over 1,000 points at the open, ended down 588.47 points or 3.6%, while the Nasdaq closed 3.8% or 179.79 points weaker.

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