Stocks in the United States fell sharply Tuesday, following a
broad sell-off in Europe and Asia that was fueled by concerns
over the pace of growth in the global economy.

The global trend began after the Conference Board, a private
research group, said it had recalculated its leading economic
index for China to show only modest growth in April.

The Standard & Poor’s 500-stock index closed down more than 3
percent. The Dow Jones industrial average was off almost 270
points, and fell below 9,900.

Filed under: Economy, VRN