Dow falls to lowest in one year [1]

Today Online - Updated 11/08/12

NEW YORK - Stocks slumped, giving the Dow Jones Industrial Average its biggest decline in a year, as investors' focus turned to the budget debate and Europe's debt crisis following President Barack Obama's re-election.

All 10 groups in the Standard & Poor's 500 Index fell as financial shares suffered the biggest losses. Bank of America and JPMorgan Chase slumped at least 5.6 per cent. Apple retreated 3.8 per cent, extending a plunge from its September high to 21 per cent.

To read the rest of this story, visit TodayOnline.com. [2]