Dow dives more than 1,000 points despite attempts by Fed to calm investors
by Jim Puzzanghera, Los Angeles Times
Feb 08, 2018
3 minutes
WASHINGTON - Stocks plunged again Thursday, with the Dow Jones industrial average diving more than 1,000 points for the second time this week despite attempts by Federal Reserve officials to calm nervous investors.
The Dow is down 10 percent from the record high it hit in late January - the level considered a market correction. The broader Standard & Poor's 500 index and the technology-focused Nasdaq composite closed Thursday near correction levels
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