3 months ago
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(NewsNation) — Stocks plunged on Monday as concerns about a weakening U.S. economy rippled across global financial markets.
The S&P 500 was down 3.1% early Monday. The Dow Jones Industrial Average pulled back more than 1,100 points and the Nasdaq composite slid 3.6%.
The latest pull-back comes after Friday's federal jobs report came in much weaker than expected, heightening fears that the Federal Reserve may have kept interest rates too high for too long.
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