The Dow Jones Industrial Average was dropped 89.2 points, or 0.7%, to 12,801. The S&P 500 slid 9.3 points, or 0.7%, to 1,343, to snap a five-week rally, and the Nasdaq erased 23.4 points, or 0.8%, at 2,904. As market uncertainty ticked up Friday, the CBOE Volatility Index rose 12% to 20.78.
NEW YORK (TheStreet) -- Stocks posted their largest one-day decline of the year Friday as fears of a disorderly Greek default and signs of global economic slowdown dinged sentiment.
2012 Stock Predictions and Outlook
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