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Stock markets in Europe, US in retreat after soft economic data, airstrikes in Syria

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NEW YORK — Weak economic news and airstrikes against militants in Syria sent global stock markets lower.

The biggest declines came in Europe, where France's benchmark index fell sharply. The selling was more modest in Asia and the U.S., where the economy remains healthier.

The Dow Jones industrial average fell 116 points, or 0.7 percent, to 17,055 Tuesday.

PHOTO: FILE - This March 4, 2013 file photo shows a sign for Wall Street on the side of building near the New York Stock Exchange, in New York. U.S. stocks are opening lower Tuesday, Sept. 23, 2014, following disappointing economic news and U.S.-led airstrikes against Islamic State militants in Syria. (AP Photo/Mark Lennihan, File)
FILE - This March 4, 2013 file photo shows a sign for Wall Street on the side of building near the New York Stock Exchange, in New York. U.S. stocks are opening lower Tuesday, Sept. 23, 2014, following disappointing economic news and U.S.-led airstrikes against Islamic State militants in Syria. (AP Photo/Mark Lennihan, File)

The Standard & Poor's 500 fell 11 points, or 0.6 percent, to 1,982. The Nasdaq composite fell 19 points, or 0.4 percent, to 4,508.

CarMax plunged 9 percent after reporting earnings that fell short of analysts' expectations.

European markets fell after a closely watched gauge of business activity in the eurozone fell to a nine-month low this month.

Bond prices rose. The yield on the 10-year Treasury note fell to 2.53 percent.

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