- Last Updated on Wednesday, 30 November -0001 00:00
SAN FRANCISCO (MarketWatch) -- U.S. stocks tumbled more than 1% Wednesday, giving up the prior session's gains, as mounting stresses on Spain's banking system and a retreat in pending home sales erased any recent optimism about the euro zone's outlook. The Dow Jones Industrial Average fell 160.83 points, or 1.3%, to 12,419.86, with only Intel Corp. ending higher among 30 components. The S&P 500 dropped 19.10 points, or 1.4%, to 1,313.32. All 10 S&P 500 sectors ended lower, led by pullbacks in energy and financial stocks. The Nasdaq Composite lost 33.63 points, or 1.2%, to 2,837.36. For the month that ends Thursday, the benchmark indexes are down at least 6%.
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Authors: MarketWatch.com - MarketPulse