End of the Day: S&P 500 down 30.5 to 2,061.05; Dow Jones down 292.6 to 17,718.54; Nasdaq down 118.2 to 4,876.52
Market Brief: U.S. stocks slid lower for the third session Wednesday as subpar economic data gave little reason for investors to jump back in.
Durable goods orders fell 1.4 percent last month, versus expectations calling for a gain of 0.4 percent.
Kraft Foods and H.J. Heinz announced a “tasty” merger agreement. Foodstuffs and beverage peers rose in concert following the announcement.
Gold rose 0.5 percent to $1,197.30 per ounce, while oil rose 3.0 percent