Wall Street rally goes up in smoke, indexes end lower

August 25, 2015 10:45 PM

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A rally on Wall Street evaporated on Tuesday and stocks ended with deep losses as concerns about China's economy outweighed lower valuations that some earlier saw as bargains.

In a dramatic session, major indices turned negative in the final minutes of trading after previously climbing almost 3 percent.

Also read: Don't be fooled by Apple's record high

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