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Stocks Are Falling - Dow Off 100

Stocks Are Falling - Dow Off 100
Stock Market1 min read

falling off horse

REUTERS/Andres Stapff

Stocks are falling again.

In early trade on Wednesday, US stocks were red across the board, with the Dow off 109 points, the S&P 500 off 11 points, and the Nasdaq off 18 points.

On a percentage basis, the Dow was leading losses, falling 0.6%.

On Tuesday, stocks also started the day in the red, with the Dow falling more than 200 points before recovering most all of those losses.

Stocks in Europe, which suffered broad losses on Tuesday were also falling on Wednesday, though Germany's DAX was squeaking out small gains.

The economic data front is quiet on Wednesday, with just the monthly budget statement from the US Treasury expected at 2:00 pm ET this afternoon.

The price of oil was also dropping again on Wednesday after its decline took a pause on Tuesday.

WTI crude fell more than 2% to break below $62 a barrel on Wednesday, while Brent was also off 2% to nearly $65 a barrel.

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