Banks Lead 2-Day Decline
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U.S. stocks closed down for the second consecutive session on Wednesday, pulling back from the strong gains in the past 6 months.
Since the low on Oct. 4, the Nasdaq Composite is up 33.5 percent, followed by the S&P 500, with a gain of 30 percent, and the Dow, up 25.7 percent.
On Wednesday, the Dow posted its second triple-digit decline so far this year (March 6 was the first one, when the index fell 203.66 points, or 1.57 percent).
In the past two days, financials, materials and energy stocks are down the most, posting losses of about 2 percent, respectively. Since Oct. 4, however, all three sectors continue to trade up more than 20 percent.
Below is a look at the worst performing stocks in the past two days.
In the past two days, financials, materials and energy stocks are down the most, posting losses of about 2 percent, respectively. Since Oct. 4, however, all three sectors continue to trade up more than 20 percent.
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