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OverviewAPI
The S&P 500 experienced a significant selloff, leading to a near-record Dow decline of nearly 500 points. The market's behavior in the last few weeks of the year is influenced by low-volume trading, resulting in high volatility. Historical examples of significant market turmoil in December include the Dow plunging by 765 points in 2022 and 200 points in 2019, as well as a 10-day stretch in 2018 that saw the Dow sink by 4,000 points before staging a remarkable recovery.

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