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Stock Indexes End Lower After Wobbly Day

The Dow Jones industrial average closed 19.42 points lower at 24,893.35, notching its biggest reversal since August 2015

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Drew Angerer/Getty Images, File

Stocks closed lower on Wednesday after trading in a wide range again as interest rates climbed back toward multi-year highs, CNBC reported.

The S&P 500 pulled back 0.5 percent to 2,681.66 after rising as much as 1.2 percent, logging its biggest one-day reversal since February 2016. The Dow Jones industrial average closed 19.42 points lower at 24,893.35, notching its biggest reversal since August 2015. The index rose as much as 381 points and fell as much as 127 points.

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Stocks had sold off sharply in the last five days on fears over a coming rise in interest rates, obscure volatility-tracking funds and computer-driven trading.

Dow Jones Industrial Average Largest Daily Percent Loss

Date Close Points change % Change
Oct. 19, 1987 1,738.74 −508.00 −22.61
Oct. 28, 1929 260.64 −38.33 −12.82
Dec. 18, 1899 58.27 −7.94 −11.99
Oct. 29, 1929 230.07 −30.57 −11.73
Nov. 6, 1929 232.13 −25.55 −9.92
Aug. 12, 1932 63.11 −5.79 −8.40
Mar. 14, 1907 76.23 −6.89 −8.29
Oct. 26, 1987 1,793.93 −156.83 −8.04
Oct. 15, 2008 8,577.91 −733.08 −7.87
July 21, 1933 88.71 −7.55 −7.84

Data source: Measuring Worth, NBC Staff Reports

Dow Jones Industrial Average Largest Daily Point Loss

Date Close Points change % Change
May 13, 2019 25,324.99 617.38 −2.38
Dec. 24, 2018 21,792.2 −653.17 −2.9
Feb. 5, 2018 24,345.75 −1,175.21 −4.60
Oct. 10, 2018 24,345.75 −831.3 −3.20
Dec. 4, 2018 25,027.07 −799.36 −3.10
Sep. 29, 2008 10,365.45 −777.68 −6.98
Oct. 15, 2008 8,577.91 −733.08 −7.87
Sep. 17, 2001 8,920.70 −684.81 −7.13
Dec. 1, 2008 8,149.09 −679.95 −7.70
Oct. 9, 2008 8,579.19 −678.91 −7.33
Feb. 2, 2018 25,520.96 −665.75 −2.54
Aug. 8, 2011 10,809.85 −634.76 −5.55
Apr. 14, 2000 10,305.78 −617.77 −5.66

Data source: Measuring Worth, NBC Staff Reports

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