NEW YORK, N.Y. – Stocks fell broadly on Tuesday as investors around the world fled risky bets on worrisome trade data out of China and a slump in the price of crude oil. Seven of the 10 industry sectors of the Standard and Poor’s 500 dropped, putting an end to a five-day winning streak for that index.
The Dow Jones industrial average fell 109.85 points, or 0.6 per cent, to 16,964.10.
The S&P 500 fell 22.50 points, or 1.1 per cent, to 1,979.26.
The Nasdaq composite gave up 59.43 points, or 1.3 per cent, to 4,648.82.
For the week:
The Dow is down 42.67 points, or 0.3 per cent.
The S&P 500 is down 20.73 points, or 1 per cent.
The Nasdaq is down 68.20 points, or 1.5 per cent.
For the year:
The Dow is down 460.93 points, or 2.7 per cent.
The S&P 500 is down 64.68 points, or 3.2 per cent.
The Nasdaq is down 358.59 points, or 7.2 per cent.