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Dow logs biggest point-drop in history as stocks tumble
The Dow recorded a new worst point drop on record, overtaking the massive loss from February 27. The index closed down 2,014 points, or 7.8%. It was its worst day since October 2008. Stock futures trading was halted following steep losses in the overnight session, which carried into regular trade: Shortly after market open the S&P 500 dropped 7% and triggered a circuit breaker, forcing the New York Stock Exchange to suspend trading for 15 minutes.