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What happened The stock market experienced one of its worst plunges in recent history on Wednesday, wiping out Tuesday's rebound and then some. As of 3 p.m. EDT, the Dow Jones Industrial Average and S&P 500 index were lower by 6.3% and 5.6%, respectively.

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The Dow fell more than 1,650 points, or 6.6%, enough to put it more than 20% lower than the index’s recent high point.

Crude oil prices have fallen sharply in recent weeks, as OPEC leader Saudi Arabia pivoted from working with other large state-controlled producers to stabilize prices with shared cuts, to all-out price war when Russia balked at helping prop up prices by cutting output. 

Senator Lindsey Graham criticized tech companies on Wednesday for opposing a bipartisan bill aimed at curbing child sexual abuse material online and said he would consider a more punitive step if he is unable to get the legislation passed.

(RTTNews) - After an initial move to the upside, treasuries moved notably lower over the course of the trading session on Wednesday.

(RTTNews) - Gold prices continued to slide on Wednesday after seeing mild upside as investors moved away from safe havens, betting on global economic stimulus efforts to battle the coronavirus outbreak.

Latin American stocks and currencies were sold off heavily on Wednesday after the World Health Organization classified the coronavirus outbreak as a pandemic, exacerbating fears of its hit to global growth.

Image source: The Motley Fool.

What's happening Shares of Stitch Fix (NASDAQ: SFIX) were down sharply for a second day after the company reported disappointing quarterly results and slashed its guidance for the full fiscal year. As of 2:30 p.m. EDT, Stitch Fix shares were down about 12.3% from Tuesday's clos

Xandr, the advertising division of AT&T (NYSE: T), announced on Wednesday that it is collaborating with Disney (NYSE: DIS), AMC Networks (NASDAQ: AMCX) and its sibling company WarnerMedia to enable advertisers to buy television commercials and better target the applicable au

Coffeehouse chain Starbucks (NASDAQ: SBUX) is the latest consumer-facing company to defend workers from the impact of the coronavirus outbreak. The organization announced on Wednesday it would offer up to 14 days of paid leave if they or anyone they regularly come in contact wit

What happened Independent oil producer stocks are taking it on the chin once again. At this writing, a large group of independents is down 14% or more on March 11 in early-afternoon trading, tacking even more losses onto a horrendous 2020 that's seen the group lose more than two

(RTTNews) - The major European stock markets again were unable to hold early gains, shrugging off a firmly higher open on Wednesday to finish with mild losses.