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A fresh plunge in oil prices after a one-day rally sent U.S. stock markets sharply lower on Friday, with the Dow Jones industrial average briefly declining more than 500 points before recovering slightly.
At 1 p.m. ET, the Dow was down 456.41 points, or 2.79 percent; the Standard & Poor’s 500 index was off 53.12 points, or 2.76 percent, and the Nasdaq Composite Index was 162 points in the red, or 3.56 percent.
The Dow and S&P 500 have now fallen about 8 percent this year, while the Nasdaq is off more than 10 percent.
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A fresh plunge in oil prices after a one-day rally sent U.S. stock markets sharply lower
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Click link below for article:
http://www.nbcnews.com/business/markets/u-s-stock-market-dow-plunges-oil-prices-spiral-lower-n497276
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