Another sharp selloff in Asian stocks, followed by a further plunge in oil prices, sent U.S. stock prices reeling Wednesday.
A decline of 10 percent is considered a correction; a 20 percent drop is a bear market.
The Nasdaq composite index fared best Wednesday, turning briefly positive in late trading before closing with a 0.12 percent loss for the day.
U.S. investors awoke to another sharp selloff in Asian stocks.
[...] it was oil’s “inability to find a market bottom” that drove Wednesday’s downturn... Читать дальше...