Slump in oil prices and China data weighs on stocks
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NEW YORK (Reuters) - Stocks around the globe suffered their biggest drop in two weeks on Friday as weak Chinese economic data sapped demand for equities while oil prices weakened again on Friday. U.S. stocks were broadly lower, with energy shares falling more than 1.0 percent as benchmark Brent crude oil saw a six-month low and U.S. crude fell below $60 for the first time since March. Data from China added to the downward pressure, showing factory-gate inflation slowed for the fourth month..