The Dow Jones industrial average dropped 69 points, or 0.5%, with McDonalds and Alcoa dragging on the blue-chip index. Travelers and Verizon were the biggest gainers, as both companies topped earnings expectations.
The S&P 500 fell 8 points, or 0.6%, drop below the Alligator.
Nasdaq lost 24 points, or 0.8%. eBay was the best performer on both indexes, with shares surging more than 13%. The e-commerce company reported strong financial results for the quarter, and also raised its outlook for 2012.
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