Wall Street swept up in oil rout

The selloff since the start of the year continued on Wall Street on Wednesday, led by energy stocks, as crude oil prices fell to new lows and on deepening fears of slowing global growth. "The damage being done in energy is spreading," said Brian Fenske, head of sales trading at ITG in New York. The S&P 500 was down 54.73 points, or 2.91 percent, at 1,826.6 and the Nasdaq Composite index was down 140.02 points, or 3.13 percent, at 4,336.94.