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Another Bad Day: Dow Falls 531 Points; Apple Falls 6%

Stocks were walloped Friday in a second straight day of big-volume selling as China's factory orders came in weaker than expected and the Shanghai Composite fell overnight below its 200-day moving average for the first time since July 2014.

More economists were calling into question whether the Federal Reserve can raise interest rates in September.

The Nasdaq tanked 3.5%; the S&P 500 tumbled 3.2% and the Dow Jones industrial average dropped...