The Standard & Poor’s 500 index fell 1.24% today to close at 1,511.95. It was the index’s largest decline since Nov. 14. The S&P is now up just 0.91% in February.
The Dow Jones Industrial Average closed back below 14,000, falling 108.13 points, 0.77%, to 13,927.54. As a point of reference, the Dow is up 7.64% in the past year. Only six of the benchmark’s 30 stocks rose today — the only one to rise by 1% or more was Merck�& Co. (MRK), which gained 1.04%. The biggest decliners were Alcoa (AA), down 3.3%, and Bank of America (BAC), down 3.2%.
The Russell 2000 index fell 1.98%, its largest percentage decline since November 14; the index is still up 1.26% this month.
Volume was heavy on the New York Stock Exchange, with 4.161 billion shares traded; it was the second highest volume of the year, behind the 4.165 billion shares traded on Jan. 2.
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