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The S&P 500 just dropped 2%. Why is this impacting ASX shares?

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It was a painful time for the S&P 500 (INDEXSP: .INX) overnight. The S&P 500 dropped by 2.04% to 4,353 points. That’s one of the worst drops since the onset of the COVID-19 global pandemic.

For readers that don’t know, the S&P 500 is a list of 500 of…



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