Stocks fall on Wall Street after Credit Suisse falls to record low
Shortpedia
Content Team
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Stocks are back to falling on Wall Street Wednesday as worries worsen about the strength of banks on both sides of the Atlantic. The S&P 500 was 1.5% lower in morning trading, while markets in Europe fell more sharply as shares of Switzerland's Credit Suisse tumbled to a record low. The Dow Jones Industrial Average was down 482 points, or 1.5%, at 31,672 as of 10:15 am Eastern time, while the Nasdaq composite was 1.2% lower.
