Stock Market Continues Slide To Negative 2018

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Stocks fell sharply on Wednesday as growing Wall Street pessimism pulled two major U.S. indexes in negative territory for 2018.

The Dow Jones Industrial Average lost 608 points Wednesday, a 2.4 percent drop that wiped out the index’s gains on the year. Standard and Poor’s 500 index fell 3.1 percent, also sliding below its 2018 open.


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The Nasdaq composite tanked 4.1 percent as a Silicon Valley sell-off brings the tech-heavy index deeper into a formal correction.

U.S. stocks have slid throughout October as traders brace for higher interest rates, deepening trade tensions and moderating corporate earnings to slow the economy.



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About Chuck Berry

Chuck comes from a lineage of journalism. He has written for some of the webs most popular news sites. He enjoys spending time outdoors, bull riding, and collecting old vinyl records. Roll Tide!