U.S. stocks close worst session in nearly a month – MarketWatch
NEW YORK (MarketWatch) — U.S. stocks on Wednesday extended losses into a second day after a weak bond auction in Spain prompted concerns about global growth, and Europe in particular. The Spanish debt sale “seemed to bring the focus back on Europe a little bit. It is reminding people that Europe isn’t fixed or solved,” said Brian Lazorishak at Chase Investment Counsel. The Dow Jones Industrial Average DJIA -0.95% fell 124.8 points, or 1%, to 13,074.7. The S&P 500 SPX -1.02% lost 14.42 points, or 1%, to 1,398.96. The Nasdaq Composite COMP -1.46% shed 45.48 points, or 1.5%, to 3,068.09, capping its worst session so far in 2012.