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Updated from 5:33 p.m. EST
The subprime chickens came home to roost again Tuesday, despite some early morning crowing from Wall Street's prized rooster.
Blowout earnings from Goldman Sachs (GS Quote) helped to contain early losses despite a weaker-than-expected February retail sales report. But Goldman's strong stance was ultimately overshadowed by more drama in the subprime space.
The Dow Jones Industrial Average closed down 242.66 points, or 2%, to 12,075.96; the S&P 500 lost 28.65, or 2%, to 1377.95; and the Nasdaq Composite shed 51.72, or 2.2%, to 2350.57. ...
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