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Dow Jones continues 2014 slide with large drop

The Dow Jones industrial average tumbled more than 320 points Monday, continuing a downward trend after its worst January performance since 2009.

The AP reported that investors were deterred by reports of slow U.S. growth and declines in European and Japanese indexes, including a private survey that showed January’s cold temperatures curbed U.S. manufacturing expansion during the month.

Monday’s drop has Dow down more than 7 percent for the year.

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