US plunges at close, Dow slumps 370 points - Breaking The News
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US plunges at close, Dow slumps 370 points

EPA-EFE/JUSTIN LANE

Major stock markets in the United States sank at the close on Thursday, with the Federal Reserve's monetary policy decision and the dot plot still in focus. Traders were also analyzing data on initial jobless claims and existing home sales that have been published earlier today.

The Dow Jones plummeted 1.08% or 370 points at the close as Cisco dropped 3.89%. The Nasdaq 100 plunged 1.84% or 275 points, with Atlassian dragging the index down by 5.41%. The S&P 500 fell 1.64%. Alexandria Real Estate plunged 8.29%.

The euro was flat against the dollar at 4:01 pm ET, selling for 1.06588.

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