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Dow Drops 200; Fed on Tap

Stock quotes in this article: SI , MRVL , GOOG , DT , AAPL , AA , CAT , GE  

Updated with closing stock prices and major averages.

Stocks in New York suffered sharp, broad-based declines Monday as commodities retreated and the market absorbed a dimmer view of the global economic situation.

The Dow Jones Industrial Average fell 200.72 points, or 2.4%, to 8339.01, while the S&P 500 lost 28.19 points, or 3.1%, to 893.04. The Nasdaq Composite gave up 61.28 points, or 3.4%, to 1766.19.

Losses were broad-based, with industrials, financials and energy among those sagging. Alcoa(AA Quote) and Bank of America(BAC Quote) lost 8.9% and 9.7% -- the worst performers on the Dow. The KBW Bank Index tumbled 6.7%. ...

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Dow Jones S&P 500 NASDAQ 10-Year Note
10,394.94 1,103.65 2,189.32 34.48
Oil *
76.61
UP
6.04
DOWN
2.33
DOWN
5.03
DOWN
0.35
10 Yr
3.45%
SPDR Gold
113.28
+0.06%
-0.21%
-0.23%
-1.00%
Data delayed 20 minutes

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