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Wall St. drops as oil's multi-year low adds to investor fears

Oil dragged down market as a whole, as investors worried whether a weakness in commodities signaled a broader slowdown. Furthermore, investors were worried about declines in China’s yuan and in high-yield debt markets. “Positioning has been clearly along the lines of taking risk exposure off,” said Michael James, managing director of equity trading at Wedbush Securities in Los Angeles.
Source: Yahoo Finance

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