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- The Dow sank nearly 500 points Wednesday as concerns in the financial sector continued to swirl.
- Shares of Credit Suisse tumbled more than 20%, stoking bank failure contagion fears.
- A gauge of wholesale inflation for February unexpectedly dropped.
US stocks tumbled Wednesday, as the banking sector saw renewed turmoil — but this time focused on Europe.
US-listed shares of Credit Suisse plunged more than 20%, as Saudi backers ruled out further investment in the embattled lender.