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Wall Street tumbles on China worries

Thursday, January 07, 2016 - 01:04

The S&P 500 posted its largest daily drop since September, as concerns over the health of the Chinese economy and a relentless slide in oil prices rattled investors. Rough Cut (no reporter narration).

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ROUGH CUT (NO REPORTER NARRATION) STORY: The S&P 500 posted its largest daily drop since September on Thursday (January 7) as concerns over the health of the Chinese economy and a relentless slide in oil prices rattled investors. The Dow Jones industrial average fell more than 392 points, or 2.32 percent, to 16,514.1, the S&P 500 lost 47.17 points, or 2.37 percent, to 1,943.09 and the Nasdaq Composite dropped 146.34 points, or 3.03 percent, to 4,689.43. The Dow recorded its worst 4-day start to a year in more than a century.

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Wall Street tumbles on China worries

Thursday, January 07, 2016 - 01:04