Thursday

Today, stocks crumpled as many investors either sold recent winners or stood pat awaiting confirmation that the U.S. economic recovery will translate into better profits. Energy stocks led the market lower, hurt by a slide in crude after new data showed surprising flush U.S. reserves of the commodity. The financial and telecom sectors were also among the market's big losers in a session marked by light volume. The market held near break-even through late morning, but steadily marched lower thereafter. Losses accelerated somewhat in the afternoon after a weakly big auction of 30-year Treasury bonds. DJIA -93.79 S&P 500 -11.27 NASDAQ -17.88