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Updated from 4:08 p.m. EST
Sellers were out in full force Tuesday as worries about the strength of the U.S. economy and weakness overseas sent stocks in New York to massive losses.
The Dow Jones Industrial Average sank 416.02 points, or 3.29%, to 12,216.24, its worst single-day pullback since the market reopened six days after the terrorist attacks of Sept. 11, 2001.
Around 3 p.m. EST, the industrials, already down more than 200 points, dropped precipitously in a matter of minutes, due in part to what appears to have been a heavy backlog of sell orders that had temporarily clogged the system. At one point, the Dow slumped 546 points before rebounding slightly. ...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,319.75 | 1,094.03 | 2,147.75 | 32.27 |
Oil *
77.20
|
|
DOWN
144.65
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DOWN
16.60
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DOWN
28.30
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DOWN
0.52
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10 Yr
3.23%
SPDR Gold
115.39
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|
-1.38%
|
-1.49%
|
-1.30%
|
-1.59%
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