Roiling Stocks Gather More Losses

Updated from 2:02 p.m. EST

U.S. stocks remained mired in negativity Wednesday afternoon, after Treasury Secretary Henry Paulson spoke about the progress of the Troubled Asset Relief Program and offered new proposals for how to spend the $700 billion emergency package's remaining funds.

The Dow Jones Industrial Average was losing 331 points to 8363, and the S&P 500 gave back 38 points to 861. The Nasdaq slid 70 points to 1511.

The status of programs to quell turmoil in the financial space was occupying investor attention. The Wall Street Journal reported ahead of Wednesday's session that the Treasury may begin to require companies to raise private money before gaining access to the Troubled Asset Relief Program. ...