Global Economic Data and Oil Price Surge Cause Dow to Plummet Nearly 200 Points

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Source: MarketWatch
Global Economic Data and Oil Price Surge Cause Dow to Plummet Nearly 200 Points
Photo: MarketWatch
TL;DR Summary

The Dow Jones Industrial Average ended down nearly 200 points as investors reacted to downbeat global economic data from China and Europe, the first drop in U.S. factory orders in months, and international oil supply cuts. U.S. markets were closed on Monday for the Labor Day break.

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