Dow Tumbles 391 Points Amid Global Rout
The Dow industrials lost almost 400 points in Friday's selloff, and investors snatched up bonds anew, sending 10-year Treasury yields briefly below 2% for the first time since October. Among the economic reports Friday, U.S. retail sales showed their weakest year for growth since the end of the recession in 2009, while a regional manufacturing survey disappointed.
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