Dow Falls 120 on Shaky Data

Oil and metal prices see big drops
By Nick McMaster,  Newser Staff
Posted Oct 28, 2009 3:13 PM CDT
Traders work on the floor of the New York Stock Exchange Wednesday, Oct. 28, 2009.   (AP Photo/Richard Drew)
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(Newser) – Stocks tumbled into the close today as investors grew increasingly risk-averse after the release of disappointing reports on durable goods and new-home sales, the Wall Street Journal reports.

  • The Dow fell 120 points to close at 9,762.
  • The Nasdaq dropped 56 points to 2,060.
  • The S&P 500 lost 21 points, closing at 1,043.