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Gallows humour the only cheer after Dow's worst-ever opening week

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The Dow, Nasdaq and Russell 2000 are now all in correction territory, more than 10% below their record highs last year.

IF THE stock market continues the year as it began, the Dow Jones Industrial Average would end up with a sub-zero value.

It was the worst opening week for the blue-chip Dow in its 120-year history, with a loss of 6 per cent as traders in the US reacted to a stock market crash in Shanghai