The Dow also broke below 25,000 and dipped into correction territory.
The S&P 500 closed down more than 7 percent from a record set last month.
"This sell-off, in the bigger scheme of things, is not that big. But it is very important in psychological terms," says one strategist.
CW8888: Today will be interesting day for newbies!
Switched to Keppel Electric, Saved Some - The liberalization of the electricity supply market has thrown up a multitude of options for power suppliers and consumers. Each of the suppliers has tried...
7 hours ago