US stocks fall on China concerns, security, rate fears


(Updates to late morning) By Bill Rigby NEW YORK, April 28 (Reuters) - U.S. stocks fell sharply on Wednesday as investors faced the prospect of China slowing down its booming economy, more fierce fighting in Iraq and higher interest rates, dampening enthusiasm over strong corporate profits. Metal stocks were the hardest hit, led by aluminum producer Alcoa Inc. , on concerns that credit restrictions in China, aimed at cooling down its red-hot economy, could dent its ravenous demand for ...

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