BREAKING NEWS: Stocks Set to Open Sharply Lower

The major U.S. stock-market indices are looking at steep losses when trading begins in about a half hour, on the heels of major selling overseas. Dow futures are pointing at a 250-point loss in blue-chip names, while futures on the S&P 500 are off even more severely. Gold is higher, oil is falling and the yield on the 10-year Treasury is down to 1.93%.

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