U.S. Stocks See Further Downside Amid Renewed Interest Rate Concerns

After moving mostly lower over the two previous sessions, stocks saw further downside during trading on Wednesday. The major averages all finished the day in negative territory, with the tech-heavy Nasdaq leading the slide.

The Nasdaq tumbled 165.10 or 1.2 percent to 13,502.20, continuing to give back ground after ending last Thursday's trading at its best closing level in over a year. The S&P 500 also fell 23.02 points or 0.5 percent to 4,365.69, while the Dow dipped 102.35 points or 0.3 percent to 33,951.52.

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by RTTNews Staff Writer

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