Banks, Energy Fall; Dow Off 201

Dow, S&P 500 now negative for 2009
By Nick McMaster,  Newser Staff
Posted Jun 22, 2009 3:18 PM CDT
A trader works on the floor of the New York Stock Exchange in this undated file photo.   (Getty Images)
camera-icon View 1 more image

(Newser) – A global rout in materials and energy stocks combined with a sell-off in financials to wreak havoc on US markets today, the Wall Street Journal reports. The Dow closed down 200.72 at 8,339.01. The Nasdaq lost 61.28, closing at 1,766.19, and the S&P 500 dropped 28.19 to close at 893.04. The Dow is now down 1.1% for the year, while the S&P is off 5%.