15:28 GMT +322 April 2019
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    A board above the trading floor of the New York Stock Exchange shows the closing number for the S&P 500 index Wednesday, Aug. 22, 2018. The current bull run on Wall Street became the longest in history on Wednesday at 3,453 days, beating the bull market of the 1990s that ended in the dot-com collapse in 2000

    Dow Jones Falls 400 Points Following Biggest One-Day Surge

    © AP Photo / Richard Drew
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    Stocks fell on Thursday as the Dow Jones industrial index dropped 300 points, and a further 100 points later on: a 400-point total drop, as the stock market retreated following Wednesday's bullish dynamics, Investor's Business Daily reported.

    Leading tech stocks, including Apple and Tesla, took a one-percent dive, and chip stocks, such as Advanced Micro Devices and Micron Technology, were under strong pressure on Thursday.

    However, the Dow Jones suffered the hardest blow, as it dived 1.76 percent. Other major indices, such as the S&P 500 and the NASDAQ Composite, fell by over one percent.

    READ MORE: 'Capitol Lounge, Shutdown Cocktails': Memes Swamp Twitter After US Gov't Closure

    The stocks have remained under pressure throughout December, amid traders' concerns that the Federal Reserve would hike interest rates. Other factors that contributed to the anxieties were the US-China trade row, instability in US President Donald Trump's administration and the partial closure of the US government.

    Part of the US federal government shut down last week after Congressmen failed to come to terms over the projected $5 billion in budget funds for President Donald Trump's border wall, marking the third government closedown this outgoing year, with all the three involving tensions over immigration.


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