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Dow plunges another 1,033 points amid interest rate fears

Photo by Spencer Platt/Getty Images

The Dow Jones Industrial Average on Thursday experienced only the second 1,000 point drop in its history. It was also the second one this week.

Bottom line: U.S. economic fundamentals might be strong, but the stock market got ahead of itself and is paring back due to concerns over rising interest rates.

Data: Money.net; Chart: Axios Visuals