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Business & Economics

S&P/TSX composite drops nearly 400 points in early trading, U.S. stocks also fall

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The S&P / TSX composite index was down 386.72 points at 24,614.85 .

The Dow Jones industrial average was down 409.58 points at 42,781.66 in New York .

The Canadian dollar traded for 69.16 cents US compared with 69.31 cents US on Monday .