After coming under pressure early in the session, stocks staged a recovery attempt in afternoon trading on Wednesday but still ended the day firmly in negative territory. The major averages all moved to the downside following the mixed performance seen on Tuesday.
The major averages pulled back well off their recovery highs going into the close. The Dow fell 171.69 points or 0.5 percent to 33,98.32, the Nasdaq slumped 164.43 points or 1.3 percent to 12,938.12 and the S&P 500 slid 31.16 points or 0.7 percent at 4,274.04.
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