The Latest: US consumer confidence data hits Wall Street

LONDON (AP) — The Latest on global financial markets (all times local):3:30 p.m.
U.S. stocks are posting sizeable losses an hour into the trading session after disappointing consumer confidence figures stoked some concerns about the economic outlook in the world’s largest economy.
The Dow Jones industrial average is down 0.6 percent at 16,518 while the broader S&P 500 index is 0.7 percent lower at 1,932. Losses across Europe are broadly comparable heading toward the close.
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