• U.S. stocks pared losses late on Wednesday but the Dow and S&P 500 still closed lower, as problems at Credit Suisse revived fears of a banking crisis, eclipsing bets on a smaller U.S. rate hike this month.
• The Dow Jones Industrial Average (.DJI) fell 280.83 points, or 0.87%, to 31,874.57, the S&P 500 (.SPX) lost 27.36 points, or 0.70%, to 3,891.93 and the Nasdaq Composite (.IXIC) added 5.90 points, or 0.05%, to 11,434.05.