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Wall Street Plunges on Data, Goldman’s Bearish Call

This article was posted on Jun 22, 2012 and is filed under Market News

NEW YORK (Reuters) – The S&P 500 index fell more than 2 percent late on Thursday as data raised worries about global growth and a bearish note on the markets from Goldman Sachs added to the weak tone.

The Dow Jones industrial average (.DJI) was down 242.79 points, or 1.89 percent, at 12,581.60. The Standard & Poor’s 500 Index (.SPX) was down 29.25 points, or 2.16 percent, at 1,326.44. The Nasdaq Composite Index (.IXIC) was down 69.68 points, or 2.38 percent, at 2,860.77.

(Reporting By Caroline Valetkevitch)

Source: Yahoo Finance

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