Wall Street in relentless selloff as oil prices sink

Wall Street moved deep into the red on Wednesday, with the S&P 500 hitting its lowest since February 2014 and extending this year's selloff as oil prices continued to plummet unabated. The rout was across the board: all 30 Dow components and all 10 major S&P sectors were in the red, with nine down more than 2 percent. The New York Stock Exchange recorded 1,387 stocks hitting new 52-week lows, while 866 sank to new lows on the Nasdaq, the most on a single day since Aug. 24 for both exchan