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S&P 500 logs worst day in 6 weeks as Turkey’s lira crisis spotlights global risks

Mark DeCambre
S&P 500 logs worst day in 6 weeks as Turkey’s lira crisis spotlights global risks

The S&P 500 on Friday notches its worst daily drop since late June amid a broad global equity retreat that was fueled by a mounting currency crisis in Turkey, which has raised the alarm for possible contagion into other markets.