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Dow tumbles 1,000 points for the worst day since 2020, Nasdaq drops 5%
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Stocks pulled back sharply on Thursday, completely erasing a rally from the prior session in a stunning reversal that delivered investors one of the worst days since 2020.

The Dow Jones Industrial Average lost 1,063 points, or 3.12%, to close at 32,997.97. The tech-heavy Nasdaq Composite fell 4.99% to finish at 12,317.69, its lowest closing level since November 2020. Both of those losses were the worst single-day drops since 2020.

The S&P 500 fell 3.56% to 4,146.87, marking its second worst day of the year.

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