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US Market Crash: Dow Jones falls 800 points, rotation out of tech stocks continues
The Dow Jones fell 800 points on Thursday, snapping a four-day winning run, cooling off from the record high levels hit earlier in the week, and give up nearly 60% of that four-day rally. Rotation out of tech stocks continued as well with the S&P 500 declining over 1.5% and the Nasdaq closing over 2% in the red. With Thursday's fall, the Nasdaq is now down in five out of the last six sessions.
The Dow Jones fell 800 points on Thursday, snapping a four-day winning run, cooling off from the record high levels hit earlier in the week, and give up nearly 60% of that four-day rally. Rotation out of tech stocks continued as well with the S&P 500 declining over 1.5% and the Nasdaq closing over 2% in the red. With Thursday's fall, the Nasdaq is now down in five out of the last six sessions.
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