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Dow Has Worst Day In Months, Down More Than 700 Points

  • The Dow Jones Industrial Average fell by more than 700 points Thursday as worries grow over an impending recession.
  • Thursday’s 764.13-point drop was the worst day for the industrial average in nearly three months and comes as the Federal Reserve continues to raise interest rates.
  • The Fed announced a half-percentage point interest rate hike Thursday as inflation remains high.
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