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Dow falls nearly 550 points as Nasdaq enters correction territory

MarketWatch
Dow falls nearly 550 points as Nasdaq enters correction territory

U.S. stocks closed lower on Thursday, extending a bout of weakness sparked by several days of higher bond yields. Stocks continued to fall even as bonds pared back some of their losses on Thursday. The S&P 500 SPX, -2.06% fell 57 poitns, or 2.1%, to around 2,728. The Dow Jones Industrial Average DJIA