A look at highlights from the day's business news:
Stocks slump, gold surges
Stocks slumped Wednesday, with the Dow ending a five-day winning streak, as gold prices hit new highs and investors remained on edge about the recovery.
The Dow Jones industrial average finished 22 points lower, or 0.2 percent, and the S&P 500 lost 6 points, or 0.5 percent.
The Nasdaq declined 15 points, or 0.6 percent, as the tech-heavy index was dragged down by Adobe's 20 percent plunge. Investors were disappointed after the software developer said sales and earnings for its next quarter might fall short of expectations.
Stocks already have logged significant gains in September and are still on track to post the biggest monthly gains since April 2009. So far this month, the S&P 500 is up more than 8 percent.
Gold futures continued their march toward $1,300 an ounce. Gold for December delivery climbed $17.80 to settle at all-time high of $1,292.10 an ounce, after posting a new intra-day record of $1,298.00 earlier.
Short-term Treasury yields near record lows
Treasury yields slipped Wednesday, a day after the Federal Reserve voiced concern about deflation and said it was prepared to provide additional support to the economy, if needed.
"After evaluating the Fed's statement, the market is focused on the explicit reference to inflation being below the level of the Fed's mandate," said Richard Bryant, head of Treasury trading at the Williams Capital Group.
Yields on short-term Treasurys hovered around record lows Wednesday. The five-year yield fell to 1.29 percent, near its all-time closing low of 1.26 percent. The two-year yield continued to sit near its record low of 0.43 percent, which it hit Tuesday.
Yields on longer-dated Treasurys also sank, pressured by the Fed's comments about inflation remaining low. The yield on the benchmark 10-year note fell to 2.54 percent from 2.58 percent late Tuesday, while the 30-year bond yield dropped to 3.75 percent from 3.79 percent.
â€“- CNNMoney.com reporters Hibah Yousuf and Blake Ellis contributed to this report.