Stock Market Wrap-Up: These 2 Stocks Hit New All-Time Record Highs

Wednesday reminded investors about the potential downside of the stock market. Market participants got a dose of economic reality from the chair of the Federal Reserve, as Jerome Powell emphasized the need for further fiscal stimulus in order to prevent what could otherwise be a prolonged period of deep economic retrenchment. After having opened near the unchanged mark, the Dow Jones Industrial Average (DJINDICES: ^DJI), S&P 500 (SNPINDEX: ^GSPC), and Nasdaq Composite (NASDAQINDEX: ^IXIC) finished the dow with losses of as much as 2%.

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Source Fool.com