Wall Street was walloped Thursday by a stock sell-off driven by renewed fears about the U.S. and global economies.
Major stock indexes plunged. Investors plowed their money into safe U.S. government bonds -- briefly pushing the yield on the benchmark 10-year Treasury below 2%. And gold settled at a record $1,822 an ounce.
The Dow Jones industrial average dropped 419 points, or 3.7%. The S&P 500 and the Nasdaq Composite each lost more than 4%.
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