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Market Wrap for Wednesday, April 17: Stocks Plunge Again Along With Euro

The U.S. stock market fell sharply on Wednesday as volatility continues to pick up on Wall Street.Concerns over global growth have caused the recent market gyrations that have sent the CBOE Volatility Index soaring. A large decline in the euro and a surging U.S. dollar also helped to cap risk appetite on the day.The major averages also plunged on Monday, but made up a substantial portion of those losses on Tuesday prior to today's sell-off.Major AveragesThe Dow Jones Industrial Average fell 138 points, or 0.94 percent, to 14,617.The S&P 500 lost almost 23 points, or 1.43 percent, to 1,552.The Nasdaq Composite lost 60 points, or 1.84 percent, to 3,205.CommoditiesCrude oil futures traded lower on Monday amid risk aversion on Wall Street. Near the close of equities, NYMEX crude futures, the U.S. benchmark, had lost a little more than 2 percent and were trading at $86.82. Brent crude contracts were also down slightly more than 2 percent to $97.75. Natural gas added around 1 percent on Wedn...

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