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It was the biggest one-day slide since Sept. 9, when the market was spooked by fears of an unexpected rise in interest rates. "If Trump stays in office, then it impedes the progress of tax reform," Sam Stovall, market strategist at CFRA, told The Post. US stocks had their worst day in eight months on Wednesday as investors wrestled with anxieties over how Washington politics could derail the Trump rally. With those fears now in many investors' heads, the Dow Jones industrial average tumbled 372 points, or 1.8 percent, on Wednesday, 20,606.93. On Wednesday, investors were spooked, for once, by the lack of tweets coming from Trump's Twitter streams.
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Stock market slumps amid Washington turmoil
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Stock market sees its worst slide since September
It was the biggest one-day slide since Sept. 9, when the market was spooked by fears of an unexpected rise in interest rates. "If Trump stays in office, then it impedes the progress of tax reform," Sam Stovall, market strategist at CFRA, told The Post. US stocks had their worst day in eight months on Wednesday as investors wrestled with anxieties over how Washington politics could derail the Trump rally. With those fears now in many investors' heads, the Dow Jones industrial average tumbled 372 points, or 1.8 percent, on Wednesday, 20,606.93. On Wednesday, investors were spooked, for once, by the lack of tweets coming from Trump's Twitter streams.
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