U.S. stocks started a downward slide yesterday after Federal Reserve Chairman Ben Bernanke said the Fed may draw down its $85 billion-per-month bond-buying program sometime in mid-2014 if unemployment manages to work its way down to 6.5 percent.

And that downward slide picked up steam on Thursday, sending the three major U.S. stock indices way, way lower.

The S&P 500 posted big losses:

Wow: U.S. Markets Take Brutal Beating

The Dow had its worst day in nearly seven months, dropping by about 362 points:

Wow: U.S. Markets Take Brutal BeatingAnd the Nasdaq fell by about 72 points:

Wow: U.S. Markets Take Brutal BeatingMeanwhile, gold got absolutely rocked:

Wow: U.S. Markets Take Brutal Beating

Markets are not at all happy with Bernanke or with the recent economic data coming out of China:

Wow: U.S. Markets Take Brutal Beating Wow: U.S. Markets Take Brutal Beating Wow: U.S. Markets Take Brutal Beating
Wow: U.S. Markets Take Brutal Beating Wow: U.S. Markets Take Brutal Beating Wow: U.S. Markets Take Brutal Beating
Wow: U.S. Markets Take Brutal Beating Wow: U.S. Markets Take Brutal Beating

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Featured image Getty Images.

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