The Dow Jones Industrial Average dropped more than 600 points Thursday, its steepest one-day loss of 2022, as geopolitical tensions and the prospect of tighter monetary policy ahead roiled markets.
The blue-chip index slid 622.24 points, or 1.8%, to 34312.03, its worst session on a point and percentage basis since November. The S&P 500 fell 94.75 points, or 2.1%, to 4380.26. The tech-focused Nasdaq Composite Index dropped 407.38 points, or 2.9%, to 13716.72.
