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May 14, 2019
The Dow Jones Industrial Average plunged more than 600 points Monday as investors sought shelter from an escalating trade war between the U.S. and China.
The selling was widespread and heavy, handing the benchmark S&P 500 index its biggest loss since January. The Dow and the S&P 500 each fell more than 2% as investors sold trade-sensitive shares. The sell-off extended the market's slide into a second week. The losses so far in May have now erased the market's gains from April.
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