NEW YORK, N.Y. – Stocks fell broadly on Tuesday as commodity prices retreated. Crude oil sank more than 4 per cent. Investors remained worried about growth in China as the country cut the value of its currency against the dollar yet again.
On Tuesday:
The Dow Jones industrial average fell 188.88 points, or 1.1 per cent, to 16,431.78.
The Standard & Poor’s 500 index lost 24.23 points, or 1.3 per cent, to 1,921.27.
The Nasdaq composite index fell 67.02 points, or 1.5 per cent, to 4,503.58.
For the week:
The Dow is up 39.79 points, or 0.2 per cent.
The S&P 500 is up 3.49 points, or 0.2 per cent.
The Nasdaq down 0.85 points, or less than 0.1 per cent.
For the year:
The Dow is down 993.25 points, or 5.7 per cent.
The S&P 500 is down 122.67 points, or 6 per cent.
The Nasdaq is down 503.83 points, or 10.1 per cent.
