Markets continue slump, bringing two-day losses to 1300 points
Sell-off in US treasuries seen as the major reason for market 'correction.'
Wall Street continued to fall overnight as investors shunned risky investments but the decline was less severe than the previous session.
The Dow Jones Industrial Average traded 500 points lower, bringing its two-day losses to more than 1300 points. The S&P 500 dropped 2% – on pace for a
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