BREAKING NEWS: Wall Street Selloff Deepens in Heavy Volume

U.S. equity markets deepened their selloff in afternoon trade Wednesday on the heels of weaker-than-expected retail sales data, and less-than-stellar bank earnings. As of 1:45 p.m. ET, the Dow Jones Industrial Average plummeted 340 points, or 1.93% to 17274. The S&P 500 shed 33 points, or 1.64% to 1989, while the Nasdaq dropped 62 points or 1.34% to 4599. Meanwhile, all sectors were in negative territory with materials and financials leading the way down. 

More on this story: http://www.foxbusiness.com/markets/2015/01/14/us-equity-futures-lower-as-bank-earnings-kick-off/?intcmp=bigtopmarketfeatures 

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