Stocks moved mostly lower over the course of the trading day on Wednesday, extending the pullback seen in the previous session. The tech-heavy Nasdaq showed another particularly steep drop, tumbling to its lowest closing level in nearly two months.
The major averages saw further downside going into the close, ending the session at their worst levels of the day. The Nasdaq plunged 361.04 points or 2.7 percent to 12,997.75, the S&P 500 slumped 50.57 points or 1.3 percent to 3,819.72 and the Dow fell 121.43 points or 0.4 percent to 31,270.09.
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