Dow has longest losing streak since 2008

S&P 500 (Figure 2)

Index Results

The Dow Jones Industrial Average ($DJI) ended the day on Tuesday with a loss of 265.87 points, or 2.19%, and closed at 11,866.62.All of the Dow's thirty index components finished the session in the red. The weakest performers were Pfizer (PFE) (-4.58%), General Electric (GE) (-4.23%), Home Depot (HD) (-4.18%), United Technologies (UTX) (-4.14%), and Alcoa (AA) (-4.00%).

The S&P 500 ($SPX) loss of 32.89 points, or 2.56%, and closed at 1,254.05. Only twelve stocks in the S&P 500 ended the session in the black. The top percentage gainers on Tuesday were McGraw Hill (MHP) (+7.29%), Newmont Mining (NEM) (+1.45%), Nisource (NI) (+1.39%), and Humana (HUM) (+0.98%). MetroPCS (PCS) plunged 36.59% after it missed earnings expectations and warned that things were looking even worse this quarter. Other top losers included Parker Hannifin (PH) (-8.49%), Tiffany & Co. (TIF) (-8.24%), and Starwood Hotels & Resorts (HOT) (+7.51%).

The Nasdaq Composite ($COMPX) ended the session lower by 75.37 points, or 2.75%, on Tuesday and it closed at 2,669.24. Like the Dow, every component of the Nasdaq-100 ($NDX) also posted a loss. The weakest were CTrip.com (CTRP) (-10.94%), Liberty Media Corp. (LINTA) (-7.25%), Mylan Inc. (MYL) (-5.87%), News Corp. (NWSA) (-5.03%), and Micron Technology (MU) (-4.99%).

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