Dow Drops Nearly 200 Points as Merger Monday, Stronger Data Fail to Boost Stocks

Boom goes the dynamite. Or something like that. BRENDAN MCDERMID/REUTERS The S&P 500 fell 1% to 2,104.20, its biggest drop since May 5, while the Dow Jones Industrial Average dropped 190.48 points, or 1%, to 18,041.54, its largest drop since April 30. The Nasdaq Composite declined 1.1% to 5,032.75, and the small-company Russell 2000 finished [...]