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Stocks headed sharply lower

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Posted: Aug 11, 2010 9:33 AM by John Pastorek
Updated: Aug 11, 2010 11:19 AM
Source: Associated Press

  Rating: 5.0 (1 vote)

Topics: stocks, stock market, Dow Jones Industrial, investors, Federal Reserve, economy, trading

Stocks were headed sharply lower in the early going Wednesday.

Investors were taking a more cautious approach to the market after the Federal Reserve issued its more downbeat view of the economy Tuesday.

The Dow was down 200 points in the first hour of trading.

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