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Global Stocks Drop On Worries About China's Economy

U.S. stock prices fell sharply in Monday’s early trading following a selloff in China, a slump in Europe and rising tensions in the Middle East. The S & P 500 and Dow industrials lost about two percent in morning trading, while the NASDAQ was off nearly 2.8 percent. The latest round of global market turmoil started Monday, when Chinese stocks plummeted around seven percent, which prompted officials to stop trading for the day on the Shanghai and Shenzhen exchanges. The selloff...

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