U.S. stocks sank Thursday following a rebound rally in the prior trading session that helped all three major averages log gains of well above 1%.
The S&P 500 tumbled 0.8% at the start of trading, while the Dow Jones Industrial Average slid 220 points, or about 0.7%. The technology-heavy Nasdaq Composite led the way down — declining about 0.8%.
On Wednesday, the S&P 500 surged 1.8%, the Dow Jones Industrial Average about 1.4%, and the Nasdaq Composite 2.1% – snapping a seven-day streak of…
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