Stock market news live updates: Stocks slide in violent U-turn from prior session; Nasdaq drops 5%

Financial

U.S. stocks sank Thursday, giving back gains after a rally on Wall Street on Wednesday, as traders continued to contemplate the Federal Reserve’s latest monetary policy decision. The S&P 500, Dow and Nasdaq dropped sharply. Tech stocks underperformed, and the Nasdaq sank by 5% in its worst day since June 2020. The Dow shed more…

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