Wednesday, the Dow was down 133.17 points (0.52%) at 25,673.46, the NASDAQ lost 70.44 points (0.93%) to finish at 7,505.92, and the S&P 500 decreased 18.20 points (0.65%) to 2,771.45. The Russell 2000 fell 31.46 points (2.01%) to 1,536.82, and the Wilshire 5000 closed 236.48 points (0.82%) lower at 28,686.63.

The price of the 10-year Treasury note was up 9/32, decreasing its yield to 2.686%. The price of the 30-year Treasury bond increased 11/32, bringing its yield down to 3.067%.

ON THIS DATE: In 322 BC, Aristotle, the Greek philosopher, died. In 1774, the British closed the port of Boston to all commerce. In 1854, Charles Miller received a patent for the sewing machine. In 1876, Alexander Graham Bell received a patent (U.S. Patent No. 174,465) for his telephone. In 1933, the board game Monopoly was invented. In 1955, Phyllis Diller made her debut at the Purple Onion in San Francisco. In 1965, state troopers and a sheriff’s posse broke up a march by civil rights demonstrators in Selma, Alabama. In 1968, the Battle of Saigon came to an end. In 1975, the Senate revised the filibuster rule. The new rule allowed 60 senators to limit debate instead of the previous two-thirds. In 1994, the U.S. Supreme Court ruled that parodies that poke fun at an original work can be considered “fair use” that does not require permission from the copyright holder.