CAPITAL PARAMOUNT UPDATE: US MARKET

Stocks fell more than 1 percent on Monday, adding to a sell-off built on concerns about reduced stimulus from the Federal Reserve and on overnight losses in Chinese equity markets.

 

The market shed some of the day's losses in the afternoon, but it was the third time in the past four sessions that the S&P 500 dropped more than 1 percent. Volume was again above-average, with 8.33 billion shares traded on US exchanges, a sign that the pullback has not abated yet.

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