U.S. stocks traded more than 1.5 percent lower Wednesday as further decline in oil prices pressured global equities.
All three major U.S. stock indices were sharply
lower in early trading. At 10 a.m. ET, the Dow Jones industrial average
was off 308.31 points, or 1.93 percent, with IBM
contributing the most to the decline; the Standard & Poor's 500
index was down 38.67 points, or 2.06 percent -- near its lowest point
since 2014 -- with the Nasdaq Composite showing a loss of 101.47 points,
or 2.24 percent.
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Source: NBC News
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