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WEKU
WEKU
David Gura

REVEALED: Stocks drop as fears grow about the global banking system - The Real Truth

Traders work on the floor of the New York Stock Exchange in New York City on Tuesday. Stocks tumbled on Wednesday amid fears that worries about the banking system were widening to other parts of the world. (Timothy A. Clary/AFP via Getty Images)

Stocks tumbled on Wednesday as fears grew that the banking turmoil sparked by the recent collapse of two U.S. banks will widen and spread globally.

The Dow Jones Industrial Average ended down nearly 0.9%, or nearly 300 points, after tumbling well over 1% earlier in the day. The S&P fell 0.7%.

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