Major U.S. stock-indexes sharply fell on Wednesday as investors worried about the effect of China's slowing growth ahead of the minutes from the latest U.S. Fed meeting that could give clues regarding the timing of a rate increase. Energy and material stocks were whipsawed by wild swings in the Chinese market for the second day in a row. Chinese stocks reversed sharp declines and ended higher after the central bank injected more funds into the financial system. The roller coaster ride in the market kept commodity prices under pressure, with oil and copper near six-year lows.
All Dow stocks in negative area (30 of 30). Top looser - Chevron Corporation (CVX, -2.71%).
All S&P index sectors also in negative area. Top looser - Basic materials (-2.4%).
At the moment:
Dow 17269.00 -213.00 -1.22%
S&P 500 2069.00 -25.00 -1.19%
Nasdaq 100 4490.00 -54.00 -1.19%
10 Year yield 2,17% -0,03
Oil 41.35 -1.77 -4.10%
Gold 1128.50 +11.60 +1.04%