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Stocks drop on interest-rate fears

Stocks on the top three US indexes took a dive at the open this morning after word came from the president of the Federal Reserve Bank of San Francisco that an interest-rate increase could be on the horizon. The Dow Jones industrial average, Standard and Poor’s 500 index and Nasdaq composite were all down 0.3% in early trading. Follow US and international markets all day with continuously updated data from The Wall Street Journal.

USA Today (8/19)