Summary Box: Pullback in commodities demand leads to broad market selloff
monster beatsOil and gasoline prices both fell more than 4 percent after a report showed that Americans are conserving money and driving less because of high gas prices. Stocks fell in part because of concerns that consumers could cut back in other areas as well, sending corporate earnings lower. dr dre beats
beats headphones,EURO DIP: The euro fell 1.5 percent against the dollar due to the fall in commodities and austerity protests in Greece.
monster headphones,THE INDEXES: The Dow Jones industrial average lost 130.33 points to close at 12,630.03. The S&P 500 index fell 15.08 to 1,342.08. The Nasdaq lost 26.83 to 2,845.06.Copyright 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. beats by dre
