U.S. Stocks Fall Sharply Amid Added China Intervention

By Mark DeCambreMarketWatch Pulse

U.S. stocks tumbled at the open Wednesday, as worries about China's intervention in its currency roiled global markets for a second day. The Dow Jones Industrial Average lost 193 points, or 1.2%, at 17,206,and is looking to post a decline for nine out of the last 10 days. The S&P 500 shed 19 points, or 0.9%, to 2,065, while the Nasdaq Composite Index retreated 57 points, or nearly 1.2%, at 4,977, moving off the psychological significant 5,000 level hit back in March.

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