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September 1, 2015

Stocks have worst month in 3 years

NEW YORK (AP) — August was a brutal month for investors.

Fears about a slowdown in China's economy and concerns about when the Federal Reserve will raise interest rates pushed stocks sharply lower this month. While the market recovered much of the ground it lost, the Standard & Poor's 500 index still finished August down 6.3 percent, its worst showing since May 2012.


 
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