Dow slumps more than 500 points as April losses mount

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Wall Street’s April sell-off resumed in earnest Tuesday, with the Dow tumbling more than 500 points amid fears of an economic slowdown.

The Dow Jones industrial average lost 545 points, about 1.6 percent, in a steady sell-off that began mid-morning and continued into the afternoon. The broader S&P 500 index fell 2 percent, while the Nasdaq, which is heavy on tech stocks, plunged 3.1 percent.