Topic: Ingersoll-Rand Company
While The Street was able to ignore Europe's struggles for the past few days, the struggles of Spain on Friday proved too much for the market to bear. As Spain's stock market plunged 6 percent, the Dow Jones dropped 120 points to close at 12,822.
Stock market ends on down note over renewed worries about Europe. The S&P 500 stock market index has lost 14.3 percent in the third quarter.
Stocks fell initially on Japan's latest earthquake, but recovered some of their losses. The Dow average dropped 17 points; the S&P 500 index fell 2 points.