U.S. stocks fall to session lows after ISM
BY MarketWatch Equity 10:09 AM ET 07/05/2012
SAN FRANCISCO (MarketWatch) -- U.S. stocks slid to session lows Thursday after the Institute for Supply Management reported a gauge of services activity for June that fell short of forecasts. Stocks had started broadly lower after a trio of central-bank actions to stimulate growth underlined the strains on the world's economy, and the euro dropped. The Dow Jones Industrial Average dropped as much as 89 points -- versus a 72-point-drop before the data -- and was recently down 86 points at 12,858. The S&P 500 was off 10 points at 1,364. The Nasdaq Composite lost 15 points to 2,961.