The Dow Jones Industrial Average fell 259.86 points, or 0.75%, to 34, 421.93. The broad S&P 500 lost 37.31 points, or 0.86%, to 4, 320.82. The technology-focused Nasdaq Composite dropped 105.28 points, or 0.72%, to 14, 559.79. Among bonds, the yield on 10-year Treasury notes was down 2.8 basis points to 1.293%. It fell as low as 1.25% earlier in the day. The 30-year Treasury bond was down 1.9 basis points to 1.925%.
NEW YORK: U.S. stock prices fell while bond prices and the euro firmed on Thursday as investors pared exposure to risk and headed for safety amid a cloudy outlook for the pace of economic recovery.
But stocks came off of their early declines even as worries about Beijing's crackdown on foreign-listed Chinese firms also took a toll on equities.
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