Wall Street recorded its worst day in almost a month on Tuesday as investors ditched equities following a stock sell-off in China and weak US retail sales data.
The blue-chip S&P 500 closed down 0.7 per cent, its steepest fall since mid-July. The tech-focused Nasdaq Composite was 0.9 per cent lower at the bell, its biggest drop since late-July.
The declines come a day after the S&P 500 finished at a record high, having doubled from lows it recorded during the market turmoil of March 2020.
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