Wall St slides on economy worries

Specialist trader Joseph Dreyer of Knight Capital works at the post that trades Carnival Cruise lines on the floor of the New York Stock ExchangeNEW YORK (Reuters) – The Dow dropped more than 200 points on Tuesday, handing Wall Street its worst day in almost three months on renewed fears of a disorderly default in Greece and concerns that China’s slowdown would hit global growth. Analysts have expected a pullback for weeks, citing an overstretched market. Despite the day’s decline, the S&P 500 is still up almost 7 percent for the year. If fourth-quarter gains are included, the benchmark index is still up almost 20 percent since September 30. …



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