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Stocks Plunge Worldwide as China's Market Hits 8-Year Low

World markets tumbled Monday after the main Chinese stock market suffered its biggest plunge in eight years. Shortly after opening, the Dow Jones industrial average hit its lowest level in over five months and the Nasdaq composite saw its lowest point in four weeks. Serious setback The Chinese government’s dramatic efforts to prop up the mainland’s falling stock markets suffered a serious setback Monday as major indexes suffered their biggest single-day plunge in eight...

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