Dow plunges more than 1,000 points, enters a correction

The stock market has plunged into a correction, defined as a 10% drop from its most recent high.
On Thursday, the Dow Jones industrial average fell more than 1,000 points in a sell-off that accelerated near the end of the trading session.
Stocks have failed to hold on to a strong rebound since Friday, when a better-than-expected report on wages added to worries about higher US inflation.
Track the Dow at Markets Insider.The stock market is officially in a correction, defined as a 10% decline fro