Stocks tumbled 2 percent Thursday, putting the Dow dangerously close to breaking through 10,000, amid worries about the US job market and Europe's ability to get a grip on its debt.
Major indexes were down more than 2 percent. Alcoa, JPMorgan and Bank of America led the decline on the Dow Jones Industrial Average. Just one of the 30 Dow components was higher — Cisco.
The CBOE volatility index, the market's fear gauge, spiked above 25.
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