Dow drops nearly 650 points as U.S. stocks log worst post-election day performance in a decade

U.S. stocks closed sharply lower on Wednesday, with the Dow logging its biggest daily drop since Oct. 7, as the major indexes saw their worst post-election day performance since 2012, according to Dow Jones Market Data. The S&P 500
SPX,
-2.08%
finished down 79.54 points, or 2.1%, at 3,748.57. The Dow Jones Industrial Average
DJIA,
-1.95%
closed 646.89 points, or 2%, lower at 32,513.94. The Nasdaq Composite
COMP,
-2.48%
finished down 263.02 points, or 2.5%, at 10,353.17.