U.S. Stocks Drop as Treasurys Flash Warning Signal

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U.S. Stocks Drop as Treasurys Flash Warning Signal
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The Dow Jones Industrial Average fell more than 500 points on new worries about the economy

U.S. stocks slumped and Treasury markets sent a new recession signal Wednesday after weak German and Chinese economic data stoked fears of an impending global slowdown.

The Dow Jones Industrial Average dropped about 600 points, or 2.2%, in morning trading, while the yield on the U.S. 30-year Treasury bond fell to a record low.

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