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Wall St. ends sharply down on global growth concerns

August 20, 2015, 8:55 PM UTC
Markets React To Vote In Greece Rejecting Terms Of Bailout
NEW YORK, NY - JULY 06: Traders work on the floor of the New York Stock Exchange (NYSE) on July 6, 2015 in New York City. Following news that Greece has voted "No" in a referendum on the country's bailout terms and continued volitility in the Chinese market, stocks were down in morning trading with the Dow off 70 points. (Photo by Spencer Platt/Getty Images)
Photograph by Spencer Platt — Getty Images

The S&P 500 closed at more than a five-month low and in negative territory for the year on Thursday on concerns a deceleration in the Chinese economy would translate into slower global growth.

The Dow Jones industrial average fell 357.37 points, or 2.06 percent, to 16,991.36, the S&P 500 lost 43.74 points, or 2.1 percent, to 2,035.87 and the Nasdaq Composite dropped 141.56 points, or 2.82 percent, to 4,877.49.