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What Happened in the Stock Market Today

Stocks fell amid news of political instability in Italy, with bond prices tumbling and both the Dow Jones Industrial Average (DJINDICES: ^DJI) and the S&P 500 (SNPINDEX: ^GSPC) posting losses of more than a percentage point.Data source: Yahoo! Finance.Financial stocks were hammered on falling interest rates, with the Financial Select Sector SPDR ETF (NYSEMKT: XLF) dropping 3.3%. Emerging markets stocks also took a tumble; the Vanguard FTSE Emerging Markets ETF (NYSEMKT: VWO) fell 2.2%.Continue reading

 

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