JP Morgan Chase, Bank of America, and other financial stocks led a broad sell-off today after President Obama unveiled new proposals to regulate banks, the Wall Street Journal reports. The fall means the Dow is now in the red for 2010.
- The Dow fell 213 points to close at 10,390.
- The Nasdaq lost 26 points, closing at 2,266.
- The S&P 500 dropped 22 points to settle at 1,116.
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