Stocks slid again on Wall Street Wednesday, putting the market closer to its first monthly loss of the year.
Traders fled health care, technology and other high-risk stocks in favor of the safety of bonds. The broad sell-off reflects growing anxiety among investors that the trade war between the U.S. and China will derail global economic growth as it drags on with no sign of a resolution.
On Wednesday:
The S&P 500 index fell 19.37 points, or 0.7%, to 2,783.02.
The Dow Jones Industrial Average lost 221.36 points, or 0.9%, to 25,126.41.
The Nasdaq composite slid 60.04 points, or 0.8%, to 7,547.31.
The Russell 2000 index of small companies dropped 14.07 points, or 0.9%, to 1,489.95.
For the week:
The S&P 500 is down 43.04 points, or 1.5%.
The Dow is down 459.28 points, or 1.8%.
The Nasdaq is down 89.70 points, or 1.2%.
The Russell 2000 is down 24.16 points, or 1.6%.
For the year:
The S&P 500 is up 276.17 points, or 11%.
The Dow is up 1,798.95 points, or 7.7%.
The Nasdaq is up 912.03 points, or 13.7%.
The Russell 2000 is up 141.39 points, or 10.5%.
