U.S. stocks are plunging today with the Dow losing 465 points, or 4%, as nervous investors flocked to the safety of bonds.
U.S. Treasuries rallied, with the 10-year yield hitting a record low. Worries about a slowdown in global growth weighed down commodities, with copper, oil and silver prices sinking.
The sell-off started early, with world markets logging steep declines, following the Federal Reserve's gloomy outlook and weak manufacturing data from China.
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