Dow Ends Day Down 188
S&P 500, Nasdaq also close lower
By Newser Editors and Wire Services
Posted Feb 23, 2016 3:18 PM CST
Fred DeMarco, right, works with fellow traders on the floor of the New York Stock Exchange, Tuesday, Feb. 23, 2016.   (Richard Drew)
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(Newser) – Stocks ended lower on Wall Street as another drop in commodities prices pulled down energy and materials stocks. Cabot Oil & Gas sank 11% Tuesday, and Range Resources fell 9%. The Dow Jones industrial average dropped 188 points, or 1.1%, to 16,431. The Standard & Poor's 500 index fell 24 points, or 1.3%, to 1,921. The Nasdaq composite gave up 67 points, or 1.5%, to 4,503. The price of oil sank almost 5% to just under $32 a barrel in New York.