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Nasdaq plummets into correction territory, Dow drops more than 1,000 points

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The Nasdaq Composite plummeted on Thursday, erasing the sharp gains from the previous session, as investors continued to rotate away from technology stocks and into more defensive areas of the market. CNBC's Mike Santoli reports.

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CNBC Nasdaq plummets into correction territory, Dow drops more than 1,000 points
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