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US stocks dip in final day of 'crazy' week

Wall Street stocks dipped in early trade Friday as the US market clung to its gains for the week after turbulent trade prompted by fears about the Chinese economy.

About 45 minutes into trade, the Dow Jones Industrial Average was down 76.05 points (0.46 percent) at 16,578.72.

The broad-based S&P 500 fell 6.01 (0.30 percent) to 1,981.65, while the tech-rich Nasdaq Composite Index lost 17.58 (0.37 percent) at 4,795.12.

Heading into Friday, the S&P 500 was up about 0.85 percent for the week after strong gains on Wednesday and Thursday compensated for deep losses the prior two days.

Global markets have been rocked by worries that a retreat in the Chinese equity market signals a major...


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