US STOCKS SNAPSHOT-Dow posts biggest one-day point drop since October

Reuters

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    NEW YORK, Aug 14 (Reuters) - Wall Street sold off sharply on
Wednesday, with the Dow registering its largest one-day point
drop since October 2018 as investors were gripped by increased
concerns about a recession after the U.S. Treasury yield curve
temporarily inverted for the first time in 12 years.
    Based on the latest available data, the Dow Jones Industrial
Average  .DJI  fell 800.49 points, or 3.05%, to 25,479.42, the
S&P 500  .SPX  lost 85.72 points, or 2.93%, to 2,840.6, and the
Nasdaq Composite  .IXIC  dropped 242.42 points, or 3.02%, to
7,773.94.

 (Reporting by Caroline Valetkevitch
Editing by Leslie Adler)
 ((caroline.valetkevitch@thomsonreuters.com; +1 646 223 6393;
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