Stocks Sink on Data, Google News

Consumer confidence, existing home sales and manufacturing activity fell below estimates. Google sank on reports of slowing growth

Stocks finished sharply lower Tuesday, as a bearish Google (GOOG) outlook came on the heels of disappointing economic data. Selling related to month-end portfolio adjustments probably contributed to market weakness, says Standard & Poor's MarketScope.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.