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Dow closes down 360 points as China angst rattles markets, strong U.S. retail sales raises Fed questions

U.S. stocks closed lower Tuesday as downbeat news on China’s economy clashed with rosier views about the strength of the American consumer, which add more fodder for the debate on the Federal Reserve’s next move.

How stocks traded

On Monday, the Dow Jones Industrial Average rose 26 points, or 0.07%, to 35308, the S&P 500 increased 26 points, or 0.58%, to 4490, and the Nasdaq Composite gained 143 points, or 1.05%, to 13788.

What drove markets

Concerns…

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