Stocks came under pressure over the course of the trading day on Wednesday, extending the notable downward move seen in the past few sessions. The major averages showed a lack of direction early in the session but eventually slid firmly into negative territory.
The major averages saw further downside going into the close, ending the session at their worst levels of the day. The Dow slid 280.44 points or 0.9 percent to 31,510.43, the Nasdaq fell 66.93 points or 0.6 percent to 11,816.20 and the S&P 500 dropped 31.16 points or 0.8 percent to 3,955.00.
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