22:08
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US stocks dropped on Wednesday and the Dow Jones industrial average suffered its worst day since February as feeble quarterly reports from Walt Disney, Macy’s and Fossil undermined confidence across the consumer sector.
The Dow slumped 1.21 percent to 17,711.12 points, its biggest one-day drop since February 11. The S&P 500 lost 0.96 percent to 2,064.46. The Nasdaq Composite dropped 1.02 percent to 4,760.69.
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Posted in: Indian Market Tips
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