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Markets Right Now: US stocks slump on day of wide swings

The Hanford Sentinel
Markets Right Now: US stocks slump on day of wide swings

The Dow Jones industrials fell 545 points, or 2.1 percent, to 25,052.83 and the benchmark S&P 500 dropped 57 points, or 2.1 percent, to 2,728.37. All of those factors could threaten the impressive profits Corporate America has been reporting this year. All 11 sectors in the S&P 500 were lower, with banks