The Dow and S&P 500 extended losses on Wednesday, dropping nearly 3 percent after a sharp snap-back rally in the last session as investors fretted about the economy and high levels of public debt.
The Dow Jones industrial average tumbled 328.66 points, or 2.92%, at 10,911.11. The Standard & Poor's 500 Index was down 32.41 points, or 2.76%, at 1,140.12. The Nasdaq Composite Index slid 71.77 points, or 2.89%, at 2,410.75.
Wall Street stocks fell sharply on Wednesday on fears over possible trouble in the French banking sector that has large exposure to shaky peripheral European debt.
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