Stocks have moved sharply lower during trading on Wednesday, giving back ground following the significant rebound seen in the previous sessions. The major averages have all shown significant moves back to the downside.
Currently, the major averages are off their lows of the session but still firmly negative. The Dow is down 460.81 points or 1.4 percent at 31,694.59, the Nasdaq is down 103.96 points or 0.9 percent at 11,324.19 and the S&P 500 is down 49.65 points or 1.3 percent at 3,869.64.
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