Many companies featured on Money advertise with us. Opinions are our own, but compensation and
in-depth research determine where and how companies may appear. Learn more about how we make money.

Money is not a client of any investment adviser featured on this page. The information provided on this page is for educational purposes only and is not intended as investment advice. Money does not offer advisory services.

Stocks Continue Steep Downward Slide
Traders work on the floor of the New York Stock Exchange (NYSE) on January 13, 2016 in New York City. The Dow Jones industrial average fell over 350 points today as markets continued to react to falling oil prices and the uncertainty in the economic outlook in China.
Spencer Platt—Getty Images

U.S. stocks sank on Wednesday, pushing the S&P 500 below 1,900 for the first time since September and extending the year's sharp selloff, on nervousness over tumbling oil prices and U.S. earnings.

The Dow Jones industrial average fell 364.6 points, or 2.21%, to 16,151.62, the S&P 500 lost 48.38 points, or 2.5%, to 1,890.3 and the Nasdaq Composite dropped 159.85 points, or 3.41%, to 4,526.07.