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Wall St. ends sharply lower on Greek default fears

NEW YORK (Reuters) - U.S. stocks closed down sharply in heavy trading on Monday, adding to a global selloff after a collapse in Greek bailout talks intensified fears that the country could be the first to exit the euro zone.

Based on the latest available data, the Dow Jones industrial average <.DJI> fell 348.86 points, or 1.94 percent, to 17,597.82, the S&P 500 <.SPX> lost 43.8 points, or 2.08 percent, to 2,057.69 and the Nasdaq Composite <.IXIC> dropped 122.04 points, or 2.4 percent, to 4,958.47.

(Reporting by Caroline Valetkevitch; Editing by Meredith Mazzilli)

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