In a dramatic session, major indices turned negative in the final minutes of trading after previously climbing almost 3 percent.
Investors cited more worries that a slowdown in China could hobble global growth, even after the country's central bank cut interest rates on Tuesday for the second time in two months. The move came after Chinese stocks slumped 8 percent on Tuesday, on top of an 8.5 percent drop on Monday.
Read more... http://mobi.iol.co.za/#!/article/wall-street-rally-goes-up-in-smoke-1.1905661
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