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Wall St falls; Dow, S&P end worst month since May 2012

Published on Feb 1, 2014 6:35 AM
 
Traders work on the floor of the New York Stock Exchange on Jan 31, 2014 in New York City. A selloff in emerging markets sent a cold chill down Wall Street, triggering a slide on Friday and making January its worst month since May 2012 after one of its best years in more than a decade. -- PHOTO: AFP

NEW YORK (REUTERS) - A selloff in emerging markets sent a cold chill down Wall Street, triggering a slide on Friday and making January its worst month since May 2012 after one of its best years in more than a decade.

For January, the Dow tumbled 5.3 per cent and the S&P 500 slid 3.6 per cent - their worst monthly percentage declines since May 2012.

The Nasdaq ended the month down 1.7 per cent, its worst monthly percentage loss since October 2012. For the S&P 500, this marked the first time that it ended January with a loss since 2010, when the benchmark index kicked off the year with a drop of 3.7 per cent.

The January loss followed the S&P 500's gain of 30 per cent in 2013 - its best year since 1997.

 
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