Economics
U.S. Stocks Fall After 2-Day Rally Amid Economy Concerns
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U.S. stocks fell, after a two-day rally in the Standard & Poor’s 500 Index, as concern grew that Europe’s stimulus plan might not be sufficient and American wages fell before the start of corporate earnings season.
The Standard & Poor’s 500 Index fell 0.8 percent to 2,044.81 at 4 p.m. in New York. The loss sent the benchmark index 0.7 percent lower for the week. The Dow Jones Industrial Average dropped 170.5 points, or 1 percent, to 17,737.37. About