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US stocks decline steepens, Nasdaq down 2.4%

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Nasdaq

US stocks decline steepens, Nasdaq down 2.4%

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Wall Street equities reversed the path Friday after an early bounce with losses steepening after midday because the tech-rich Nasdaq Composite Index fell 2.4 percent to 11,111.2.

The Dow Jones Industrial Average lost 1.3 percent to 30,859.44, while the broad-based S&P 500 fell 1.8 percent to 3,832.31.

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