Wall Street tumbles to two-year low as oil prices sink

By Noel Randewich(Reuters) – Wall Street tumbled on Wednesday, with the S&P 500 hitting its lowest since February 2014 and deepening this year’s selloff as oil prices plummeted unabated.
The stocks rout spread across the board, hitting all 10 major S&P sectors, with nine down more than 1 percent. The small-cap Russell’s 2000 index <.RUT> fell 3.6 percent before reducing its losses.
The New York Stock Exchange recorded 1,402 stocks at new 52-week lows, while 894 sa