U.S. Stocks Finished Sharply Lower: Stocks and Markets in the News | Wall Street at Close Report
By Kate Gibson NEW YORK (MarketWatch) -- U.S. stocks finished sharply lower Thursday, with all three indexes taking their hardest hit in more than a month, after Federal Bank of St. Louis President James Bullard played down thinking that a third round of quantitative easing is on the way. Bullard's comments to CNBC is "what has caused today's market swoon," said Kim Forrest, equity analyst at Fort Pitt Capital Group Inc. Down for a fourth session, the Dow Jones Industrial Average DJIA -0.88% fell 115.3 points, or 0.9%, to 13,057.46. The S&P 500 index SPX -0.81% declined 11.41 points, or 0.8%, to 1,402.08. The Nasdaq Composite