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August 14, 2018

Stocks tank on Turkey worries

By MARLEY JAY
AP Markets Writer

NEW YORK — U.S. stocks fell further Monday as Turkey's central bank was unable to stop a steep plunge in the nation's currency. That's helping to push the dollar higher, hurting big exporters.

Stocks are coming off their worst losses in a month as investors worry about financial and economic upheaval in Turkey and the possibility it will spread to other countries. Asian markets fell overnight, while European markets were slightly lower.


 
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