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US stock markets take a major fall as Dow reaches lowest level since 2014

Discussion in 'Market News' started by Lily, Jan 15, 2016.

  1. Lily

    Lily Forum Member

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    Losses followed worldwide declines due to concerns about health of the Chinese economy and falling oil price and extend US markets’ worst ever start to the year

    US stock markets fell heavily on Friday, with the Dow Jones industrial average losing more than 500 points to reach its lowest level since September 2014.

    The losses, which followed declines across the world due to concerns about the health of the Chinese economy and plunging oil price, extend the US markets’ worst ever start to the year. The Dow Jones, which had lost 3.04% by 12.30pm on Friday, has fallen by 8.25% so far in 2016.

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