Worries about the stability of the single-currency bloc were also being aggravated by Spain's financial health, the outcome of local elections in Germany, and weak regional economic data. The Dow Jones Industrial Average dropped 125 points, or 1%, to close at 12,695. The blue-chip index ranged from 12,661 to 12,819 during the session. The S&P 500 gave back 15 points, or 1.1%, to finish at 1338, just 2 points above its session low. The Nasdaq suffered the biggest hit, surrendering 31 points, or 1.1%, to settle at 2902. The tech-heavy index's low for the day was 2899.
NEW YORK ( TheStreet) -- Stocks tumbled Monday as Greece's inability to break a political impasse fueled speculation the country may eventually have to leave the eurozone.
2012 Stock Predictions and Outlook
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