The Dow Jones Industrial Average declined 78.5 points, or 0.6%, to finish at 13,046. The S&P 500 slipped 10.1 points, or 0.7%, to settle at 1393. Both indices fell for a third straight session and are on track for their biggest weekly drop of 2012, with the weakness magnified in the basic materials, energy, transportation and financial sectors. The Nasdaq was off 12 points, 0.4%, at 3063.
NEW YORK ( TheStreet) -- U.S. stocks fell Thursday after new economic data stoked fears about Europe slipping into recession and slowing growth in China.
2012 Stock Predictions and Outlook
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