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Dow Futures Sink as JP Morgan Rings Stock Market Gloom Alarm

Dow Jones Industrial Average (DJIA) futures dragged lower on Monday, extending last week’s bout of heavy selling. But investors shouldn’t expect a turnaround yet. In a note to clients, JP Morgan analyst John Normand said the downturn is only halfway through. The good news, Normand argues, is that talks of a full-blown recession might be…