S&P 500 falls 1% as investors gauge chances of economic slowdown

(Image by Oleg Gamulinskiy from Pixabay)

(Image by Oleg Gamulinskiy from Pixabay)

(CNBC) -- Stocks fell on Wednesday as investors monitored signs of a potential economic slowdown and kept an eye on the bond market.

The Dow Jones Industrial Average shed 269.24 points, or 0.81%, to close at 32,910.90. The S&P 500 slid 1.08% to finish at 4,115.77, while Nasdaq Composite dropped 0.73% to 12,086.27.

The moves came as investors weighed updates from major companies and signs that economic growth may be slowing.

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