After a flat day yesterday, the market was down today as all three major indices lost ground. Here's how they did.



Ending Value

Dow Jones Industrial Average (INDEX: ^DJI) -139.94 [-1.14%] 12,151.41
S&P 500 (INDEX: ^GSPC) -15.79 [-1.25%] 1,249.64
Nasdaq (INDEX: ^IXIC) -35.22 [-1.34%] 2,589.98

In a word, the news that moved the market today was "Europe." We saw the euro hit an 11-month low versus the dollar as the market readies for a key Italian long-dated debt auction tomorrow. One euro now buys $1.2941 worth of greenbacks.

Looking at individual stocks, it was an almost unanimous down day. All 30 of the Dow stocks took a hit, ranging from -3.6% to -0.2%. In the S&P 500, all but 24 lost ground. The range there was -4.6% to 2%.

In the Dow, Bank of America (NYSE: BAC) [-3.6%] and Alcoa (NYSE: AA) [-3.1%] were the biggest losers. They didn't top the broader S&P 500 loser list, though. The dubious honors there went to Cliffs Natural Resources (NYSE: CLF) [-4.6%] and Tesoro (NYSE: TSO) [-4.2%]. The banking and commodities sectors both tend to react in an exaggerated fashion to the European news du jour, since both are highly affected by macro forces.

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