A number of US stock exchanges closed in correction territory yesterday as continuing problems in China and falling oil prices spooked investors.
The Dow Jones closed down 2.3%, or 392 points lower, at around 16,514, leading the index to more than 10% below its 52-week intraday high and placing it in correction territory, according to CNBC. ...
The US dollar is close to peaking and the risks now seem to be on the downside.
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