US markets fall further; Nasdaq falls>1.6%, Dow cracks>700 pts, S&P down

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US markets fall further; Nasdaq falls>1.6%, Dow cracks>700 pts, S&P down

US markets fall further; Nasdaq falls>1.6%, Dow cracks>700 pts, S&P down>2.12%. Here’s Peter Cardillo, Chief Market Economist, Spartan Capital Securities’ view on the #WallStreet‘s sudden nosedive