Dow drops 308 points as markets fall for third straight session

Aug. 30 (UPI) — U.S. markets fell for the third consecutive day on Thursday as investors weighed economic data and anticipated interest rate hikes from the Federal Reserve.

The Dow Jones Industrial Average fell 308.12 points, or 0.96%, while the S&P 500 dropped 1.1% and the Nasdaq Composite closed the day down 1.12%.

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