Skip to content
Subscriber Only

U.S. Stocks Tumble to 2011 Low as Debt Concern Offsets Economy

U.S. stocks tumbled, sending the Standard & Poor’s 500 Index to a one-year low, as concern over Greece’s debt crisis and Bank of America Corp.’s slump outweighed a rebound in manufacturing and construction spending.

Financial shares had the biggest drop in the S&P 500 as Bank of America fell 9.6 percent to the lowest level since March