It’s been another ugly day on Wall Street Wednesday, with the Dow dropping 200 points by noon off continued fears over interest rate hikes.
As the month of March—and the first quarter of 2015—winds to a close, investors are also expressing concern over how the stronger U.S. dollar will impact the upcoming earnings season. A disappointing report on February’s durable goods orders didn’t help matters, as the figure dropped 1.4 percent from January.
By 1:30 p.m., the Dow had dropped 210 points—sending the index back into negative numbers for 2015. The S&P 500, down 18 points by late afternoon, stood dangerously close to turning red as well.
As of 3 p.m., here are the Wednesday numbers from Wall Street:
Dow Jones Industrial Average: 17,812.69 (-198.45)
NASDAQ: 4,908.73 (-86.01)
S&P 500: 2,073.36 (-18.14)