The Dow Jones Industrial Average made back some of the morning’s losses before closing with a loss of122.28-points. These numbers, inspired by global uncertainty resultant of China’s tightening credit, represent the largest drop since Dec. 17.
The Nasdaq Composite Index also took a hit losing 1.3% while the S&P 500 Index lost 12.19 points or 1 percent.
Beyond concern regarding China’s anti-inflation methods, the rising dollar and energy losses are thought to have discouraged investors and pulled the market down.
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