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Updated from 4:24 p.m. EDT
Stocks in the U.S. slid Tuesday, closing near their worst levels of the session, as disappointing comments from two retail giants and ominous news from a Midwestern fund manager put investors back on edge.
The Dow Jones Industrial Average tumbled 207.61 points, or 1.57%, to 13,028.92. The index was pulled down by a 5.1% decline in Wal-Mart(WMT Quote), which cut its outlook for the full year amid soft consumer spending, and a 4.9% loss in Home Depot(HD Quote).
Wal-Mart said that excluding items, it had second-quarter earnings of 76 cents a share, matching the Thomson First Call estimate, but the world's biggest retailer guided lower for the third quarter and full year. ...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,336.30 | 1,095.46 | 2,149.02 | 32.23 |
Oil *
77.20
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DOWN
128.10
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DOWN
15.17
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27.03
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10 Yr
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SPDR Gold
115.58
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-1.22%
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-1.37%
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