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DOW DROPS 100 IN 60 SECONDS...

 AP

AP

The Dow Jones Industrial Average opened sharply in the red, dragged by Ciscoand Bank of America.

The S&P 500 and the Nasdaq also tumbled at the open. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, spiked above 15.

All key S&P sectors opened firmly in negative territory, led by techs and consumer discretionary. Continue reading via CNBC...

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