After under pressure early in the session, stocks have seen further downside over the course of the trading day on Wednesday. The major averages have all moved sharply lower, partly offsetting the strong upward move seen over the three previous sessions.
In recent trading, the major averages have fallen to new lows for the session. The Dow is down 458.12 points or 1.4 percent at 32,702.71, the Nasdaq is down 200.54 points or 1.9 percent at 10,415.66 and the S&P 500 is down 55.91 points or 1.5 percent at 3,772.20.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.