Stocks have moved sharply lower in morning trading on Wednesday, with the major averages all showing significant moves to the downside after ending the previous session mixed. The tech-heavy Nasdaq has helped lead the way lower.
In recent trading, the major averages have fallen to new lows for the session. While the Nasdaq is down 238.08 points or 2.1 percent at 11,096.19, the S&P 500 is down 58.25 points or 1.5 percent at 3,958.70 and the Dow is down 364.44 points or 1.1 percent at 33,369.52.
For comments and feedback contact: editorial@rttnews.com
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.