Wednesday, the Dow lost 1,164.52 points (3.57%) to close at 31,490.07, the Nasdaq was down 566.37 points (4,73%) to close at 11,418.15, and the S&P 500 fell 165.17 points (4.04%) to 3,923.68. The Russell 2000 decreased 65.45 points (3.56%) to 1,774.85 and the Wilshire 5000 lost 1,634.25 points (4.02%) to 38,983.34.

The price of the 10-year Treasury note gained 9/32 bringing its yield down to 2.887%. The price of the 30-year Treasury bond was up 2 2/32 decreasing its yield down to 3.066%.