Image source: Getty Images. The Dow Jones Industrial Average plunged more than 1,000 points the other day, a 1.4% drop, but it caused the tech-laden Nasdaq 100 to plummet over 2%, putting virtually every single one of its components in the red. The Federal Reserve made the first of what it promises could be three big half-percentage-point interest hikes in the hopes of taming inflation, and the market is reportedly tumbling over fear it won't be enough.