U.S. Stocks Seeing Further Downside Amid Worries About Aggressive Fed

After moving significantly lower over the course of the previous session, stocks are seeing further downside in morning trading on Wednesday. The major averages have slid into negative territory, with the tech-heavy Nasdaq showing a particularly steep drop.

Currently, the major averages are off their worst levels of the day but still firmly negative. While the Nasdaq is down 336.67 points or 2.4 percent at 13,867.50, the S&P 500 is down 55.99 points or 1.2 percent at 4,469.13 and the Dow is down 239.66 points or 0.7 percent at 3,401.52.

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by RTTNews Staff Writer

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