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Wall Street suffers worst drop since June after weak data

Started by riky, February 04, 2014, 09:00:18 AM

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riky

Wall Street suffers worst drop since June after weak data

<p><a href="http://news.yahoo.com/futures-little-changed-rout-data-tap-125819842--sector.html"><img src="http://l1.yimg.com/bt/api/res/1.2/cg1GhxiuGW2o.YF3SLFlgQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2014-02-03T192836Z_1_CBREA121AMK00_RTROPTP_2_MARKETS-STOCKS.JPG" width="130" height="86" alt="Traders work on the floor of the New York Stock Exchange" align="left" title="Traders work on the floor of the New York Stock Exchange" border="0" /></a>By Chuck Mikolajczak NEW YORK (Reuters) - U.S. stocks slumped on Monday, with the S&amp;P 500 suffering its worst drop since June, after weaker-than-expected data on the factory sector in the world's largest economy provided investors with the latest reason to move away from riskier assets. &quot;Nothing is preserved today - once the market started selling off, that was that,&quot; said Keith Bliss, senior vice-president at Cuttone &amp; Co in New York.</p><br clear="all"/>

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