BREAKING NEWS: Stocks Slammed as Investors Seek Safety, Dow Down 500

Selling in the major stock-market indices has picked up steam late in the day as global recession fears batter equities and push down Treasury yields. The Dow is in the midst of its worst two-day drop in nearly three years, while 10-year Treasury yields hit all-time lows. The Dow is down 508 points, or 4.6%, at 10615.

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