Stock Market Today: Wall Street Tumbles to Its Worst Loss in Months

Stock Market Today: Wall Street Tumbles to Its Worst Loss in Months
A sign is displayed on the floor of the New York Stock Exchange in New York on June 14, 2023. Seth Wenig/AP Photo
|Updated:
0:00

NEW YORK—Wall Street tumbled to its worst drop in months on Wednesday as its torrid rally that critics called overdone lost more momentum.

The S&P 500 sank 1.4 percent for its sharpest tumble since April. It was the second straight loss for the index after it hit a 16-month high last week.