Dow sheds 125 points to below 13,000. Weak economic data out of Japan, South Korea and Europe put the focus back on international issues. US retailers report generally better-than-expected sales, while jobless claims remain flat.
Advances in biotech research should alleviate concerns about the widespread use of genetically modified seeds.
The company was particularly hurt by weakness and uncertainty in Europe.
Stocks slide as US companies continue to indicate caution with their guidance and Moody's signals worries about more debt fallout in Europe.
The iPhone maker is set to report earnings after the closing bell, while the telecommunication giant reports higher second-quarter profit.
One of the stronger long-term stocks has sharply lowered its guidance, which means we could see a rash of it over the next few weeks.
Cirrus Logic is downgraded to 'perform,' and Infosys is upgraded to 'buy.'
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Here's a list of ways to profit from the potential move from defensive to cyclical stocks.
The Market Dispatches column has been discontinued. Here's where to find the latest stock and business news on MSN Money, and the latest from market writer Charley Blaine.
MONEY & POLITICS
Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
Children from lower income families are at greater risk of suffering accidental injuries and being sickened by food, according to a Consumer Federation of America study.
The IRS is struggling to combat identify thieves who file fraudulent tax returns in the names of older residents who don't need to file.