The Dow lost 74 points, having been up as much as 45 earlier. The market has been trading in a back-and-forth pattern in recent weeks as many investors remain unconvinced that the economic recovery will hold. The Dow has lost ground in five of the past six trading sessions, and has shed 430 points over that time.
The Dow fell 74.25, or 0.7 percent, to 9,985.81. The Dow had traded below 10,000 several times this week, but hadn't closed below that level since July 6.
Broader market barometers also fell. The Standard & Poor's 500 fell 8.11, or 0.8 percent, to 1,047.22, while the Nasdaq fell 22.85, or 1.1 percent, to 2,118.69.
Falling stocks outpaced rising ones two-to-one on the New York Stock Exchange, where volume came to 1 billion shares.
| Index | Last | Change | |
|---|---|---|---|
| I:DJI | 9985.81 | -74.25 -0.74% | |
| INX | 1047.22 | -8.11 -0.77% | |
| SPX.X | 1047.22 | -8.11 -0.77% |
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