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Urgent: U.S. stocks retreat as oil plunges

Xinhua, January 26, 2016 Adjust font size:

U.S. stocks suffered big losses Monday, as a renewed decline in oil prices weighed on Wall Street ahead of the Federal Reserve's monetary policy meeting.

The Dow fell 1.29 percent, the S&P 500 lost 1.56 percent, while the Nasdaq dropped 1.58 percent. Enditem