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The MSCI World equity index slumped 2.6 percent to its lowest level since July 2013 .Wall Street tumbled more than 2 percent, with each of the 10 major S&P sectors down more than 1 percent, led lower by a drop of more than 4 percent in the energy sector.The Dow Jones industrial average fell 358.34 points, or 2.24 percent, to 15,657.68, the S&P 500 lost 43.99 points, or 2.34 percent, to 1,837.34 and the Nasdaq Composite dropped 110.68 points, or 2.47 percent, to 4,366.28 .Oil shares in Europe are down more than 14 percent already this year and at their lowest levels since 2003 .
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