China Slump Fuels Wall St. Meltdown

The Dow slumped over 500 points at one point before staging a partial recovery. All eyes are on the Asian trading session Wednesday

Is this the long-awaited U.S. stock market correction, or is there more pain to come? Stocks were sharply, broadly lower in heavy trading Tuesday, with major U.S. stock indexes each down over 3%. Bonds soared as investors fled stocks for the less risky confines of the Treasury market.

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