US stocks have plunged again with the Dow Jones industrial average experiencing a four-digit loss second time in a week due to fears of higher interest rates.
On Thursday, the Dow fell 1,032.89 points, or 4.15 percent, to 23,860.46. The Nasdaq Composite lost 274 points on the day, or 3.9 percent, to 6,777.16, while the S&P 500 closed with a 100-point loss, or 3.75 percent, to 2,581.08.
It was the second time in history the Dow has lost more than 1,000 points in a single day.
On Monday, the Dow suffered its biggest one-day point drop in history, plunging about 1,600 points during trading hours before recovering to close down at 1,175.
All the 30 companies that make up the Dow index were in the red on Monday, with Verizon, Microsoft, and Exxon Mobil each falling more than three percent.
Overall, the Dow has lost more than 2,000 points since January 26.
US President Donald Trump on Wednesday said traders who are selling stocks are making…