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Stock sell-off continues on new concerns about global economy.



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Stocks on Wall Street slid further on Monday as new data from China raised fresh concerns about the outlook for the global economy for investors already wary of high inflation, rising interest rates and a malfunctioning supply chain.The S&P 500 fell 2 percent by midday, adding to a five-week stretch of declines that had knocked the index down nearly 14 percent through Friday. Technology stocks, which have been particularly hard hit this year, fell further, with the Nasdaq composite down 2.5 percent.China’s exports slowed significantly in April, as the country’s lockdowns continued to idle millions of workers. Exports of Chinese steel, a barometer of global growth, are unlikely to improve much in May, according to analysts at S&P Global, a research firm. Li Keqiang, the China premier, warned this weekend that the current state of the jobs market in the country was “complicat …

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