Dow Plummets 214, Nasdaq Declines 33 By CHRISTOPHER WANG, AP Business Writer 4 minutes ago
NEW YORK - Wall Street skidded lower Wednesday after an upswing in consumer prices intensified investors' fears that the Federal Reserve will extend its nearly two-year string of interest rate increases. The Dow Jones industrial average suffered its biggest one-day loss in three years, and the Nasdaq composite index turned negative for 2006.