Dow Falls More than 200, Interrupting 2012 Rally

By: Associated Press
By: Associated Press

New York, NY (AP) - Stocks have suffered their biggest losses in more than three months. The Dow Jones industrial average is finishing the day down 204 points.

The sell-off in the U.S. on Tuesday followed stock declines in Europe. Greece faces a Thursday deadline to get private investors to agree to the terms of its bailout. And some investors worry that the rally in stocks this year has been too much, too fast.

The Dow finished at 12,759. The Standard & Poor's 500 index fell 21 points to finish at 1,343. The Nasdaq composite index lost 40 points to close at 2,910.

All 10 industry groups in the S&P 500 declined. Declining stocks outnumbered advancers 10-to-1. Volume was about average at 4.15 billion shares.


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  • by Gerry Location: Tallahassee on Mar 7, 2012 at 05:47 AM
    I didn't write the 2 posts at 6:42 AM. Fake Gerry is a cyberstalker. You can always trust a cyberstalker.
  • by Gerry on Mar 7, 2012 at 03:42 AM
    I really didn't write the post at 10:48
  • by Gerry Location: Tallahassee on Mar 6, 2012 at 07:48 PM
    I didn't write the post at 6:12 PM. Fake Gerry is a cyberstalker. I think you can trust a cyberstalker who won't select a unique handle and continue to use it, who definitely wants to post without consequences.
  • by Gerry on Mar 6, 2012 at 03:12 PM
    The Fed drops interest rates to zero while inflation is 7 percent and forces us to gamble in the stock market to keep from losing any more money due to monetary inflation
  • by Gerry Location: Tallahassee on Mar 6, 2012 at 02:33 PM
    The last year of the Bush administration, the US accumulated $1.438 trillion in total debt. Since January 20, 2011, the US has accumulated $1.436 trillion in total debt. That's a difference of 2 billion dollars. The time since last January 20, 2011 is about a year and 6 weeks. So the rate at which total debt is growing is definitely decreasing, and is now actually slower than it was in the last year of the Bush administration.
    • reply
      by Gerry on Mar 7, 2012 at 03:42 AM in reply to Gerry
      Obama is a wanna be stimulant
  • by Gerry Location: Tallahassee on Mar 6, 2012 at 02:29 PM
    As of 17:00 ET, Mar 6, the US borrows for 10 years at 1.94%. Total US national debt on 3/5/12 = $15.492 trillion. On 1/20/09 = $10.627 trillion. On 1/20/01 = $5.728 trillion. Increase in total national debt during Obama's administration = $4.865 trillion. During George W. Bush's administration = $4.899 trillion. Source for debt info = treasurydirect.gov.
  • by Gerry Location: Tallahassee on Mar 6, 2012 at 02:23 PM
    I didn't write the posts at 4:26 and 4:27.Fake Gerry is a cyberstalker.
  • by Frank on Mar 6, 2012 at 01:54 PM
    The 'rally' is being propped up by crony capital being handed out by the obamacrats to fuel this thing. We still have 16% unemployment, there is no recovery, and there hasn't been ever since the jug eared kenyan pronounced there was one.
  • by Gerry on Mar 6, 2012 at 01:27 PM
    I didn't write that post about treasury rates. Some cowardly hacker did!
  • by Gerry on Mar 6, 2012 at 01:26 PM
    As of today Bush has spent more federal dollars than Obama and thus has stimulated the economy more. Long live Bush!
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