Stocks slump the most in 3 months on new China worries

 

January 8, 2016



MARLEY JAY

AP Markets Writer

NEW YORK (AP) — Stocks and oil prices plunged again Thursday on spreading fears that China’s economy, a major engine of global growth, is sputtering.

It was the worst one-day drop on Wall Street since late September, and the main U.S. benchmark, the Standard & Poor’s 500 index, has now had its worst four-day opening of a year in history.

The latest bout of mar...



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