The US markets closed near session lows amid growing fears over slowing global growth and ahead of what many expect will be a weak earnings season. The CBOE volatility index soared 8 percent to above 16.
Dow Jones Industrial Average was down 0.81% or 110.12 points at 13473.53. Nasdaq Composite was down 1.52% or 47.33 points at 3065.02. Standard & Poor’s 500 was down 0.99% or 14.4 points at 1441.48.
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