📺 24/7 Chicago news stream: Watch NBC 5 free wherever you aredeclined 1.84% to close the trading session at 5,346.56. The Nasdaq Composite fell 2.43% to finish at 16,776.16, leading to a more than 10% drop from the tech-heavy index's all-time high. The Dow Jones Industrial Average dropped 1.51% to close at 39,737.26. The index's session low was a drop of 989 points. On the jobs front, nonfarm payrolls increased by only 114,000 in July, according to the Labor Department.
CNBC's Pia Singh, Hakyung Kim, Fred Imbert, Leslie Josephs, Jordan Novet, Yun Li and Brian Schwartz contributed to this report.
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