US stocks pare losses after 1,000-point Dow plunge

NEW YORK, N.Y. (AP) — U.S. stock markets sank in morning trading Monday in a wave of fear that circled the globe after a historic plunge in Chinese stocks.
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The Dow Jones industrial average fell more than 1,000 points in early trading and the Standard & Poor’s 500 index slid into correction territory — Wall Street jargon for a drop of 10 percent or more from a recent peak.
The major stock indexes pared some of the losses t