U.S. Stock losses grew heavier on Wednesday as the afternoon wore-on with a selloff in crude oil and health care stocks leading Wall Street into the red. Crude settled at a one-week low after a weekly reading on U.S. oil inventories showed a build. Health care stocks sold off in late-afternoon trading after harsh comments from presidential candidate Hillary Clinton over Mylan's (MYL) pricing of its EpiPen. The drug company has quintupled the price of the life-saving allergy medication since 2007. Intuit (INTU) slid after issuing conservative earnings and sales guidance for its fiscal first quarter and full year. The TurboTax developer also announced a $0.34 a share dividend, up from $0.30 a sahre. Ford (F) declined after recalling more than 88,000 vehicles due to an engine-stalling defect. The automaker knows of no accidents or injuries tied to the issue.
More from Video
Breaking down an approach to the long side of this biotech stock.
AMSC CEO discusses that and China challenges.
One of pharma's biggest CEO's talks M&A action on the exchange.
Citi overcame a mixed print to send its stock surging on Monday.