Worries about Europe's economic and debt problems on Tuesday sent stocks to their first loss in four days.
Economic growth slowed across Europe last quarter, and the leaders of France and Germany tried to calm concerns about the region's debt troubles by pushing for long-term political solutions. Markets had hoped for immediate financial fixes like the introduction of a single bond jointly backed by eurozone members.
In the U.S., economic reports are mixed: Housing remains weak, but factory output rose last month at its fastest pace since an earthquake in Japan disrupted global manufacturing in March. Economic worries overshadowed strong U.S. profit reports.
The Dow Jones industrial average fell 76.97 points, or 0.7 percent, to 11,405.93.
The Standard & Poor's 500 index fell 11.73, or 1 percent, to 1,192.76.
The Nasdaq composite fell 31.75, or 1.2 percent, to 2,523.45.
For the week to date:
The Dow is up 136.91 points, or 1.2 percent.
The S&P 500 is up 13.95, or 1.2 percent.
The Nasdaq is up 15.47, or 0.6 percent.
For the year to date:
The Dow is down 171.58 points, or 1.5 percent.
The S&P 500 is down 64.88, or 5.2 percent.
The Nasdaq is down 129.42, or 4.9 percent.
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