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11:26 AM Fri, Feb. 22nd

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The two best-known stock market indexes, the Dow and the Standard & Poor’s 500, have dropped 10 percent from their all-time highs, set Jan. 26. That means they are in what is known on Wall Street as a “correction,” their first in almost two years. (Photo of Standard & Poor's Headquarters in Lower Manhattan by B64 CC 3.0 )

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Dow industrials drop another 1,000 points as selling spreads

Dow and S&P 500 are in first ‘correction’ in nearly 2 years

Stocks plunged again Thursday, and for the second time in four days the Dow Jones industrial average sank more than 1,000 points.