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Dow Tumbles Over 500 Points; US Producer Prices Decline In February

U.S. stocks traded lower this morning, with the Dow Jones dropping more than 500 points on Wednesday. Following the market opening Wednesday, the Dow traded down 1.69% to 31,612.42 while the NASDAQ fell 1.26% to 11,284.65. The S&P 500, also fell, dropping, 1.64% to 3,855.15.

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Nasdaq, S&P Futures Plunge As Credit Suisse Crisis Deepens, Bringing Banks Back In Spotlight

The euphoria over Tuesday’s inflation numbers has apparently given way to skepticism, with index futures retreating sharply early Wednesday. Traders get to digest another set of key economic data points to make their conclusions about Fed’s potential March move. Cues From Tuesday’s Trading:

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