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U.S. stocks slumped at the open on Friday as investors digested another report showing the U.S. labor market is finally starting to deteriorate — and also a profit warning from a top microchip maker. The S&P 500 slumped 43 points, or 1.2%, to 3,700. The Dow Jones Industrial Average fell 268 points, or 0.9%, to 29,658. The Nasdaq Composite shed 191 points, or 1.7%, to 10,882.
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