U.S. stocks hit 20-month low as D.C. tumult weighs

Vildana Hajric and Jeremy Herron

12/24/2018

AFTER NEARLY A WEEK of collapsing stock prices, investors were cheered by a significant gain in U.S. equity markets partway through Wednesday trading. / BLOOMBERG NEWS FILE PHOTO/MICHAEL NAGLE

NEW YORK – U.S. stocks fell to the lowest since April 2017 as the turmoil in Washington rattled financial markets anew, pushing the Standard & Poor’s 500 index to the brink of a bear market. Crude oil sank below $45 a barrel and the dollar tumbled. The S&P 500 notched a fourth consecutive drop of at…

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