US shares tumble as July's gains are erased

Source: Boston Globe
© Scanpix/Reuters
US stocks plummeted with many factors influencing the move such as poor corporate earnings reports, tensions in Ukraine and worries about a market top. The Dow Jones industrial average dropped 1.9% and the Nasdaq composite 2.1% with Whole Foods Market and Exxon Mobil leading the downturn. In addition oil, gold and the US Treasuries also fell for the day.
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