Weakness in the euro and a report indicating investors are still a bit skittish about the market’s long-term prospects combined to sink U.S. stocks Wednesday as the Dow Jones Industrial Average shed 139.94 points, or 1.1%, to finish at 12,151.41.

The CBOE Volatility Index, a key indicator of overall investor fear in the market, jumped above 23. Making matters worse, the euro fell near its one-year low against the dollar after an ECB report that showed European banks deposited a record $585 billion with the central bank.

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