Sharp Selloff on Wall Street
Stock quotes in this article:INTC
Updated from 2:37 p.m. EDT
Stocks in New York tumbled Wednesday as investors found little reason to buy equities following a set of downbeat economic data, including reports on retail sales and foreclosure filings in the U.S. The Dow Jones Industrial Average was down 184.22 points, or 2.2%, at 8284.89, its biggest point and percentage drop since April 20, and the lowest close since the first day of May. The S&P 500 was off 24.43 points, or 2.7%, at 883.92. The Nasdaq Composite lost 51.73 points, or 3%, to 1664.19. Some of the day's biggest decliners on the S&P 500 included Bank of America (BAC), Alcoa (AA), Dow Chemical (DOW), Regions Financial (RF) and Weyerhaeuser (WY), which all dropped 8% or more.
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 12,890.46 | 1,351.95 | 2,927.23 | 20.47 |
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