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Yo_Mama_Been_Loggin

(108,093 posts)
Thu Oct 18, 2018, 04:42 PM Oct 2018

Market tumbles again on worries about Chinese stocks

Stocks fell sharply Thursday as the market continued to struggle.

The Dow dropped 350 points after falling more than 450 points, led by declines in Caterpillar and Apple. The S&P 500 fell 1.5 percent as the communications and tech sectors lagged. The Nasdaq pulled back 2 percent. Overseas, China's Shanghai Composite dropped fell sharply.

Thursday's decline added to the market's steep losses for this month. The Dow and S&P 500 have fallen more than 3 percent each, while the Nasdaq is down more than 6.5 percent.

Among the reasons for selling Thursday, according to investors, were the falling Chinese stock market, worries about a slowing global economy and a jump in Italian bond yields.

https://www.msn.com/en-us/money/markets/market-tumbles-again-on-worries-about-chinese-stocks/ar-BBOxIkx

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