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US stocks reverse in final hour; Down falls 205 points

US stocks are closing lower Tuesday after falling sharply in the final hour of trading.

 

Stocks surged early in the day, rebounding from a big sell-off on Monday after the Chinese central bank said it was cutting interest rates to shore up its economy. However, investor confidence remains fragile after a series of big drops in recent days and the market suffered a dramatic reversal in the final hour of trading.

 

 


פרסום ראשון: 08.25.15, 23:16