U.S. stocks fell sharply on Wednesday as the latest economic
data continued a trend of indicators pointing to anaemic growth, while
bellwether companies disappointed on revenue.
The Dow Jones industrial average lost 138.85 points, or 0.94
percent, to 14,700.95 at the close. The Standard & Poor's 500 Index dropped
14.87 points, or 0.93 percent, to finish at 1,582.70. The Nasdaq Composite
Index slid 29.66 points, or 0.89 percent, to close at 3,299.13.
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