Created: 12/11/2013 5:05 PM WNYT.com
The stock market slumped Wednesday as investors assessed weak earnings reports from several U.S. companies. Health care stocks were among the biggest decliners. Laboratory Corporation of America slumped after cutting its full-year earnings forecast.
The Dow Jones industrial average and the Standard & Poor’s 500 index logged their biggest declines in more than a month.
The Dow fell 129.60 points, or 0.8 percent, to 15,843.53.
The S&P 500 fell 20.40 points, or 1.1 percent, to 1,782.22.
The Nasdaq composite lost 56.68 points, or 1.4 percent, to 4,003.81.
For the week:
The Dow is down 176.67 points, or 1.1 percent.
The S&P 500 lost 22.87 points, or 1.3 percent.
The Nasdaq is down 58.71 points, or 1.5 percent.
For the year:
The Dow is up 2,739.39 points, or 20.90 percent.
The S&P 500 is up 356.03 points, or 25 percent.
The Nasdaq is up 984.30 points, or 32.6 percent.
(Copyright 2013 by The Associated Press. All Rights Reserved.)