There were reports late in the volatile session that Greek banks were seeing heavier than normal outflows. The Dow Jones Industrial Average fell 63 points, or 0.5%, to finish at 12,632, its worst close since Jan. 31. The blue-chip index is now down in nine of the past 10 sessions and has lost more than 223 points, or 1.7%, in the past three days. The S&P 500 shed nearly 8 points, or 0.57%, to settle at 1330, its weakest close since Feb. 2. The Nasdaq reversed earlier gains to finish in the red as well, dropping 9 points, or 0.30%, to close at 2894, also its lowest level in more than three months.
NEW YORK (TheStreet) -- Stocks again finished in negative territory Tuesday as the failure of Greek political leaders to form a new government continued to damage sentiment.
2012 Stock Predictions and Outlook
|Your one-stop shop for 2012 stock recommendations and market predictions. |