Dow Hits Three-Month Low as U.S. Stocks Close Lower
U.S. stocks closed lower on Wednesday, led by losses in the Telecoms, Oil & Gas, and Financials sectors.
The Dow Jones Industrial Average declined 1.21% to hit a new three-month low, while the S&P 500 index lost 0.44%, and the NASDAQ Composite fell 0.01%.
Honeywell International Inc led the Dow's gainers with a 2.07% increase, followed by NVIDIA Corporation and Merck & Company Inc.