U.S. stocks tumbled at the open Wednesday, as worries about China’s intervention in its currency roiled global markets for a second day. The Dow Jones Industrial Average lost 193 points, or 1.2%, at 17,206,and is looking to post a decline for nine out of the last 10 days. The S&P 500 shed 19 points, or 0.9%, to 2,065, while the Nasdaq Composite Index retreated 57 points, or nearly 1.2%, at 4,977, moving off the psychological significant 5,000 level hit back in March.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News
