Even before the opening bell, Monday looked like a bad day for the U.S. stock market. But not even pessimists were prepared for the white-knuckled ride that for 15 harrowing minutes sent the Dow Jones Industrial Average tumbling almost 1,600 at its lowest point -- its biggest intraday point decline in history. Coming after a 666-point rout on Friday that shook investor confidence, Monday’s plunge left many investors wondering just where the pain would end. With the back-to-back declines, the 5.8 percent gain in January has been more than wiped out. “There’s certainly concern,” said Paul Nolte, a portfolio manager at Kingsview Asset Management in Chicago. “It’s should we get out? What do we do here? They’re afraid of a crash. Certainly to see the market down as much as they are is disconcerting especially with the nice run that we’ve had even into this year. They don’t want to give up the gains.” Despite the magnitude of Monday’s decline -- the Dow closed down 1,175 points, or 4.6 pe...

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