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US markets dive amid global selloff

Major U. S. stock indexes veered sharply lower in morning trading Thursday as concerns about global economic weakness intensified. The latest slide followed steep market declines all around the world. Financial stocks were among the biggest decliners as investors worried that interest rates in the U. S. and elsewhere would remain low. KEEPING SCORE: The Dow Jones industrial average dropped 290 points, or 1. 8 percent, to 15,624 as of 11:04 a. m. Eastern Time. The Standard & Poor's 500 lost 28...

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