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Dow industrials sink 831 points as tech companies plunge

Boston.com
Dow industrials sink 831 points as tech companies plunge

NEW YORK (AP) — U.S. stocks plunged Wednesday as investors ramped up their selling of high-flying technology and internet stocks. The Dow Jones Industrial Average fell 831 points, its worst loss in eight months. Although the losses were widespread, stocks that have been the biggest winners on the market, including technology companies and retailers, suffered steep declines. Apple and Amazon both had their worst day in two and a half years. The Nasdaq composite, which has a high concentration of technology companies, suffered its biggest loss in more than two years and has dropped almost 8 percent since the start of October. Stocks have slumped over the last week as a combination of strong economic