U.S. stocks fell Wednesday as investors parsed an ambivalent outlook for the global economy and awaited key data about inflation.
Spring’s bumpy ride continued, sending major indexes sinking through the midday hours after stocks opened the trading day close to flat. The S&P 500 fell 44.91 points, or 1.1%, to 4115.77, and the blue-chip Dow Jones Industrial Average lost 269.24, or 0.8%, to finish at 32910.90. The technology-heavy Nasdaq Composite Index slipped 88.96, or 0.7%, ending at 12086.27.