Wall Street's attempt for a Wednesday rally failed, with stocks closing broadly lower on continued worries about the
The closed down more than 464 points, or 1.4%, after opening the session higher.
It was a broad-based slide, with 28 of the Dow's 30 stocks finishing in negative territory. Only oil giant Chevron and Johnson & Johnson ended the day in green. Energy was the sole market sector to finish with a gain.
The and fell 1.8% and 2.6%, respectively. The Dow and Nasdaq posted their fifth straight day of losses, while the S&P 500 has fallen the past four trading sessions.
The S&P 500 is now about 12% below its all-time high. That puts the index into correction territory � more than 10% below the recent peak. The Nasdaq is moving closer to bear market status, a 20% pullback from a high. The tech-heavy index is now 19% below its record levels.
Investors are worried about the possibility that if there is a long, drawn-out conflict in Ukraine. The United States and Europe have already responded with that could
Fears of may be rattling investor confidence as well.
The-CNN-Wire
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