U.S.MARKET UPDATE

The S&P 500 on Thursday posted its largest percentage decline in six months on concerns about the strength of the global economy and its effect on corporate earnings.

The Dow Jones industrial average ended down 334.97 points, or 1.97 percent, at 16,659.25; the S&P 500 dropped 40.68, or 2.07 percent, to 1,928.21, and the Nasdaq Composite fell 90.26, or 2.02 percent, to 4,378.34'
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