Thomson Reuters
- US stocks dropped Wednesday as fears of more Fed rate hikes swirled.
- Boston Fed President Susan Collins warned that more policy tightening could still be on the table.
- Meanwhile, the Fed's Beige Book showed softer activity growth and cooling labor market in July and August.
US stocks fell on Wednesday as Big Tech names like Apple and Nvidia dragged major indexes lower.
Fears of more potential rate hikes from the Federal Reserve swirled following early morning comments from Boston Fed President Susan Collins.