The S&P 500 suffered its biggest daily drop since late September on Thursday as the European Central Bank disappointed market hopes for greater stimulus.
The Dow Jones industrial average fell 252.01 points, or 1.42 percent, to 17,477.67, the S&P 500 lost 29.89 points, or 1.44 percent, to 2,049.62 and the Nasdaq Composite dropped 85.70 points, or 1.67 percent, to 5,037.53.
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