Stocks falling; Dow Jones hits worst day since August

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Investors were recently disappointed in the earnings and forecast from several U.S companies as a result of stocks falling broadly, suggesting manufacturing is tightening. The Dow Jones industrial average hit its biggest loss since August, down 212 points, or 1.3 percent, at 16,162. The Standard & Poor’s  500 fell 24 points, 1.3 percent, to 1,820. Nasdaq was down 49 points. Nine out of ten stocks in the S&P 500 index fell. KeyCorp, Johnson Controls, and Jacobs Engineering, along with other U.S. companies fell after their latest quarterly results, each down at least 3 percent.

 

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