Wild day on Wall Street ends with Dow down 588 points

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New York Stock Exchange

NEW YORK – Wall Street endured a wild ride Monday, with the Dow Jones industrial average closing with a loss of 588.47 points, or down about 3.6%.

The drama followed volatility and major losses in markets worldwide as they responded to another big sell-off in China.

The blue-chip industrials had skidded as much as 1,089 points moments after the opening bell and cut its loss dramatically to about 115 before falling again.

Read more at Los Angeles Times.

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