US stocks plunge in broad selloff

GMT 22:05 2016 Wednesday ,13 January

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New York - Arab Today

US stocks plunged Wednesday led by tech shares as a key oil stockpiles report and the Federal Reserve's Beige Book pointed to more sluggish US economic growth.

The blue-chip Dow Jones Industrial Average lost 364 points, or 2.2 percent, while the S&P 500 sank 2.5 percent.

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