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Updated from 4:07 p.m. EDT
Stocks in New York pulled back sharply Wednesday as a decline in commodities and renewed credit-related fears left Wall Street unable to follow through on the mammoth rally that took place in the prior session.
Following a back-and-forth morning, a steady decline turned into a steep selloff in the afternoon. The Dow Jones Industrial Average closed with a loss of 293 points, or 2.4%, to 12,099.66, wiping out more than half of the index's 420-point surge Tuesday.
The S&P 500 sank 32.32 points, or 2.4%, to 1298.42, and the Nasdaq Composite plunged 58.3 points, or 2.6%, to 2209.96. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,309.92 | 1,091.49 | 2,138.44 | 32.31 |
Oil *
77.12
|
|
DOWN
154.48
|
DOWN
19.14
|
DOWN
37.61
|
DOWN
0.48
|
10 Yr
3.23%
SPDR Gold
115.06
|
|
-1.48%
|
-1.72%
|
-1.73%
|
-1.46%
|
Data delayed 20 minutes |
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