U.S. stocks slumped, sending the Standard & Poor’s 500 Index down for a fourth day.
The falls were linked to the fact that more Americans than forecast filed jobless claims last week, adding to concern over global economic growth.
A short time ago, the S&P 500 lost 1.5 per cent, after retreating 2.9 per cent yesterday. New York’s Dow Jones fell 3%, while the Nasdaq was down 2.6 per cent. These opening falls...
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