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The Dow Dropped 500 Points—and It's the Best Gauge of Today's Stock Market Carnage

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The S&P 500 may not suggest it, but most of the stock market struggled on Wednesday. The Dow was down 577 points or 1.1%. Beyond the blue-chip index, things looked less dire. The S&P fell 0.3% and the tech-heavy Nasdaq was up 0.