Dow closes down 600 points after rollercoaster day


The Dow Jones Industrial Average on Monday closed at 15,871.28, down nearly 600 points (or 4 percent), due to growing concerns about China's economy. The final number was actually a marked improvement from the beginning of the day, when the Dow plunged by more than 1,000 points, the largest point loss ever during a single trading day, trumping even the Flash Crash of 2010.
The S&P 500, a larger index, was also down nearly 4 percent at the close of trading.
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Jeva Lange was the executive editor at TheWeek.com. She formerly served as The Week's deputy editor and culture critic. She is also a contributor to Screen Slate, and her writing has appeared in The New York Daily News, The Awl, Vice, and Gothamist, among other publications. Jeva lives in New York City. Follow her on Twitter.
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