Slumping energy sector leads a broad sell-off in US stocks
By Associated Press
May 26, 2015 3:08 PM CDT
Specialist Matthew Cheslock, left, works on the floor of the New York Stock Exchange, Tuesday, May 26, 2015. Stocks are opening lower on Wall Street as traders return from the Memorial Day holiday in the U.S. (AP Photo/Richard Drew)   (Associated Press)

NEW YORK (AP) — The stock market had its worst day in three weeks as traders worried about Greece's debt problems and a surge in the value of the U.S. dollar.

Energy stocks fell more than the rest of the market Tuesday as the price of crude oil slumped. Transocean and Allegheny Technologies each fell 4 percent.

The Dow Jones industrial average dropped 190 points, or 1 percent, to 18,041.

The Standard & Poor's 500 index gave up 21 points, also 1 percent, to 2,104. The Nasdaq composite declined 56 points, or 1.1 percent, to 5,032.

Oil fell $1.69, or 2.8 percent, to $58.03 a barrel in New York.

Time Warner Cable rose 7 percent after agreeing to be acquired by Charter Communications.

The dollar rose against the Japanese yen and the euro.

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