Following the mixed performance seen in the previous session, stocks moved sharply lower during trading on Wednesday. With the steep drop on the day, the Dow ended the session at its lowest closing level in nearly three months. The major averages saw further downside going into the close, ending the session just off their lows of the day. The Dow tumbled 943.24 points or 3.4 percent to 26,519.95, the Nasdaq plunged 426.48 points or 3.7 percent to 11,004.87 and the S&P 500 plummeted 119.65 points or 3.5 percent to 3,271.03.
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