Biggest One-Day Drops for the Dow Jones Industrial Average

August 25, 2015 12:24 AM

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Biggest One-Day Drops for the Dow Jones Industrial Average

U.S. stocks closed sharply lower on Monday, part of a global wave of selling triggered by worries of economic slowdown in China.

The Dow Jones industrial average plunged more than 1,000 points shortly after the open of trading, before regaining ground throughout the day. Despite rallying after the initial sell-off, the Dow ended the day 588.40 points, or 3.6 percent, lower.

Also read: Markets Right Now: Banks, energy companies take stocks lower

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