NEW YORK (AP) — Investors unloaded all manner of stocks Tuesday as they wait for corporate earnings reports to help them determine whether a recent run-up in the market is justified. Internet companies bore the brunt of the selling.
It was the second day of broad declines following record closes for major U.S. indexes last week. The Dow Jones industrial average fell below 17,000, a level it topped Thursday for the first time in its 118-year history. The technology-weighted Nasdaq composite fell 1.4 percent, its biggest drop in two months.