Stocks slide on China’s leading curbs
Stocks had their worst drop in 2010 on talk that China have asked some major banks to curb their lending. Worried that this may stall the global economic recovery, investors sold off shares of natural resource companies and big manufacturers.
DJIA -122.28pts (1.14%) at 10603.15
S&P -12.19pts (1.06%) at 1138.04
Nasdaq -29.15pts (1.26%) at 2291.25