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The Closing Bell: Dow Slumps Almost 400 Points As Italy Turmoil Grabs Spotlight
FYI: U.S. stocks accelerated losses in afternoon trade Tuesday, with the Dow industrials down more than 400 points as traders returning from a three-day weekend were greeted by fresh political drama in Italy.
Another Italian election looks likely within a few months, and investors fear it could turn into a de facto referendum on the country’s membership in the euro. Regards, Ted
