Wall Street Ends Wednesday In The Red As Risk Sentiment Remains Fragile: S&P 500 Movers At The Close

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Wall Street Ends Wednesday In The Red As Risk Sentiment Remains Fragile: S&P 500 Movers At The Close - Benzinga

Quick Summary:

U.S.stock markets ended Wednesday on a down note, unable to maintain the momentum from Tuesday’s rebound driven by dovish remarks from the Bank of Japan.The S&P 500 closed 0.8% lower, the Nasdaq dropped 1.2% and the Dow Jones declined by 234 points or 0.6%.

Small-caps, as tracked by the iShares Russell 2000 ETF (NYSE:IWM), were the hardest hit, down 1.4%, as investors continue to assess the U.S.economic outlook.

Investors showed little interest in the 10-year U.S.bond auction, resulting in a yield of 3.9%, notably higher than the pre-auction ...