Nasdaq Composite drops more than one percent Wednesday Dow jumps

NEW YORK, New York – The euphoria that sent U.S. stocks higher earlier the week was nowhere to be seen on Wednesday as investors took sizeable across-the-board losses. “Directionally, I think the move higher made sense, but at the same time the course is not yet clear,” Angelo Kourkafas, an investment strategist at Edward Jones told CNBC Wednesday. “We doubt the market will whistle through any potential economic slowdown and growth concerns, which we have seen over the past two days.” The Nasdaq Composite dived 129.47 points or 1.07 percent to 11,996.86. The Dow Jones industrials advanced 80.34 points or…