Dow Jones Drops At Closing Bell, Down More Than 500

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Traders work on the floor of the New York Stock Exchange on Thursday, Aug. 4, 2011 in New York. Stocks are plunging in another broad sell-off.(AP Photo/Jin Lee) | AP

Whoops! There goes any progress stocks made in 2011. Stocks plunged Thursday, with the Dow tumbling 500 points just before the close, as fear about the global economy spooked investors.

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