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S&P 500 trades below 4,000 for first time since April 2021 as stocks extend selloff

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The S&P 500 Monday afternoon traded below the 4,000 threshold for the first time since April 1, 2021, as losses deepened ahead of the closing bell. The S&P 500 was down 122 points, or 3%, at 4,000 after dipping as low as 3,996.42. It last closed below 4,000 on March 31, 2021, when it ended at 3.971.09. The Dow Jones Industrial Average was down 575 points, or 1.7%, while the Nasdaq Composite dropped 4.1% to 11,644.

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