Nasdaq Composite: The Nasdaq Composite /quotes/zigman/12633936/realtime 3.10% dropped 129.79 points, or 3.1%, its worst one-day percentage decline since November 2011. The Nasdaq Biotech index /quotes/zigman/12633939/realtime NBI -5.64% as well as iShares Nasdaq Biotechnology ETF /quotes/zigman/85342/delayed /quotes/nls/ibb IBB -5.61% dropped 5.6%. , according to Market Watch. The Dow Jones Industrial Average /quotes/zigman/627449/realtime 1.62% fell 266.96 points, or 1.6%, to 16,170.22, its worst one-day percentage drop in more than two months. NEW MarketWatch The Nasdaq Composite suffered its worst day since late 2011 on Thursday as investors fled biotech, Internet and other high-growth stocks, the sectors that had led the last leg up of the maturing bull market. The SaP 500 /quotes/zigman/3870025/realtime SPX -2.09% ended the day 39.10 points, or 2.1%, lower at 1,833.08, falling below its 50-day moving average and dangerously close to crossing its 100-day moving average. Selling was so indiscriminate that only about 2% of 500 members of the index closed higher.
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