With tech stocks leading the way lower, stocks showed a significant move back to the downside during trading on Thursday. The tech-heavy Nasdaq showed a particularly steep drop, ending the day at its lowest closing level in three months.
The major averages saw further downside going into the close, ending the session near their worst levels of the day. The Nasdaq plunged 381.58 points or 2.5 percent to 14,806.81, the S&P 500 tumbled 67.32 points or 1.4 percent to 4,659.03 and the Dow fell 176.70 points or 0.5 percent to 36,113.62.
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