After coming under pressure early in the session, stocks have seen further downside over the course of the trading day on Wednesday. The major averages are adding to the losses posted in the two previous sessions, with the S&P 500 falling to its lowest intraday level in a month.
In recent trading, the major averages have once again slid to new lows for the session. The Dow is down 458.74 points or 1.3 percent at 33,810.42, the Nasdaq is down 308.81 points or 2.3 percent at 13,080.62 and the S&P 500 is down 66.13 points or 1.6 percent at 4,085.97.
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