Live updates: Latest stock market news and business headlines

The Leuthold Group chief investment strategist Jim Paulsen discusses consumer spending and the markets amid the coronavirus pandemic.

U.S. stocks took another leg down on Wednesday extending the volatility investors have experienced this week.

Ticker Security Last Change Change %
I:DJI DOW JONES AVERAGES 30687.48 +475.57 +1.57%
I:COMP NASDAQ COMPOSITE INDEX 13612.777089 +209.38 +1.56%
SP500 S&P 500 3826.31 +52.45 +1.39%

More companies are warning over the prolonged impact COVID-19 may have on profits. Additionally, investors are monitoring the CEOs of Facebook, Twitter and Google parent company Alphabet as they testify virtually before lawmakers in the Senate Commerce Committee.

LIVE: TECH CEOS GET GRILLED ON CAPITOL HILL

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