A rough start to 2016 got worse on Friday.
U.S stocks dropped sharply just minutes into trading, pushed down by concern about the global economic outlook as well as struggles closer to home.
The Dow Jones Industrial average shed more than 500 points only halfway through the trading day.
The Nasdaq tech index and the broader S&P 500 were down 4.1% and 3.3% respectively.
Those drops add to a series of recent declines that have caused broad concern about the year ahead. All three major indexes are down at least 8% in the past month
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