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New York stocks tank on US recession worries

Xinhua | Updated: 2025-03-11 04:22
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NEW YORK -- US stocks slumped on Monday afternoon as rising US recession risks raise concerns.

The Dow Jones Industrial Average, the S&P 500 and the Nasdaq Composite lost over 2.5 percent, 3.4 percent and 4.8 percent, as of 3:10 pm Eastern Time.

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