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Dow drops 900 points when September Selloff bites hard



Stocks fell sharply on Monday as bank stocks tumbled after a report of suspicious transactions and as investors worried, a global recovery could be hampered by a rise in coronavirus infections and a subdued outlook for another US fiscal stimulus bill.

Bank shares rolled on Monday after a report said JPMorgan Chase (JPM) – Download report, Deutsche Bank (DB) – Download report and other financial companies had defied money laundering, even after being fined by US authorities. JPMorgan fell 4.33% to $ 94.10.




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