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| A Big Drop In US Financial Markets Drags Down Others And the U.S. stock market proved a point yesterday. America still has the ability to drag everybody else down. Yesterday's plunge - 1,175 points, as measured on the Dow Jones Industrial Average - has affected global markets, and NPR's senior business editor, Uri Berliner, is here to tell us how much.
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| Investors dumped emerging market stocks right before the sell-off went global A report from the Institute of International Finance (IIF) shows heavy selling in emerging market (EM) equities began on Jan. 30, with overall EM funds shedding $4 billion. That was before Friday's 666-point loss in the Dow and Monday's more than 1100-point drop. The data suggests emerging markets ...
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