03.06.2008 22:04

Dow -76.87 at 12431.27, Nasdaq -6.15 at 2485.38, S&P -4.86 at 1381.38

The stock market suddenly retreats into the red, falling to its worst level of the session. The decline is broad-based, with only health care (+0.3%) and materials (+0.4%) still in positive territory. Crude prices are also under selling pressure, down 2.0% to $125.25 per barrel.
European markets ended their session higher, with a rebound in banks leading the way. London's FTSE rose 0.8%, Germany's DAX advanced 0.2% and France's CAC gained 1.0%.






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