A bad start to 2016 for the stock market got even worse.
Stocks plunged Wednesday, bringing the widely watched Standard & Poor’s 500 index down 10 percent from its November peak.
— TheBlazeNOW (@TheBlazeNOW) January 13, 2016
The last time the market had a plunge that big, known as a “correction” on Wall Street, was last August.
Energy and consumer stocks bore the brunt of the selling. With crude oil trading near $30 a barrel, many fear more oil and gas companies will go bankrupt.