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Wall Street lower on China worries, steep drop in oil

2016-01-06 22:57:16| IT Services - Topix.net

REUTERS: U.S. stocks fell on Wednesday as fresh concerns over the impact of a slowdown in China on the global economy, a sharp fall in oil prices and heightened geopolitical concerns sent investors scurrying to safe havens. The year got off to a shaky start on Monday after weak data from China triggered declines in global markets, with the Dow recording its worst first day of the year in seven years, and oil prices weakened further.

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