Dow plunges 270 points at close

Another dose of disappointing economic news sent the Dow industrials down nearly 270 points.

Another dose of disappointing economic news sent the Dow industrials down nearly 270 points.

The Dow closed down 269.50, or 3.2%, at 8,043.63, while the Nasdaq dropped 41.91, or 3.4%, to 1,206.01 - a new five-year low.

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