Stock Market Falls on Chinese Property Fears

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U.S. stocks fell in early trading, pointing to an extension of recent losses on Wall Street as concerns regarding China’s indebted property sector rippled into global markets.

The S&P 500 dropped 1.6% Monday, after the broad stocks gauge posted its biggest two-week decline since February. The Dow Jones Industrial Average lost 1.6%, or 535 points, and the technology-focused Nasdaq Composite Index fell 1.9%.

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