"I think what we're seeing is the market
believes that these (global central bank) policies and discussions on negative
rates have diminishing returns at this point and are creating more harm than
good, more uncertainty than stability."
The Dow Jones industrial average closed down
174.09 points, or 0.98 percent, to 17,541.96, the S&P 500 lost 24.75
points, or 1.2 percent, to 2,041.91 and the Nasdaq Composite dropped 72.35
points, or 1.47 percent, to 4,848.37.
The dollar fell as
much as 1.6 percent against the yen 
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