U.S. stocks fell the most in three months and a
key gauge of market volatility spiked on Wednesday after minutes from the U.S.
Federal Reserve-s most recent meeting suggested the central bank may slow or
stop buying bonds sooner than expected.
The Dow Jones industrial average dropped 108.13 points, or 0.77 percent, to 13,927.54 at the close. The Standard & Poor-s 500 Index fell 18.99 points, or 1.24 percent, to 1,511.95. The Nasdaq Composite Index lost 49.19 points, or 1.53 percent, to end at 3,164.41.
The Dow Jones industrial average dropped 108.13 points, or 0.77 percent, to 13,927.54 at the close. The Standard & Poor-s 500 Index fell 18.99 points, or 1.24 percent, to 1,511.95. The Nasdaq Composite Index lost 49.19 points, or 1.53 percent, to end at 3,164.41.
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