The Dow Jones industrial average fell 40 points to close at 11478, but an afternoon rally in technology stocks trimmed some of the market's losses.
The latest setback in Greece's financial crisis sent bumped the Standard and Poor's 500 index 32 points to 1099, its lowest level of the year. The Dow fell 258 points to 10655.
The Dow Jones industrial average fell 179 points to 11010 as investors worried about Europe's ability to contain its debt crisis
The Dow fell 110.96 points to 11,139.30 in its worst start to September since 2002
The Dow lost 119.96 points to close at 11,493.57. The S&P fell 14.47 points to end the day at 1,204.42, and the Nasdaq fell 33.42 points to 2, 546.04
The Dow rose about 80 points, the S&P 500 rose about 11 points, and Nasdaq rose about 31 points. At closing, stocks were near session highs.
Dow is virtually unchanged, while S&P and Nasdaq fall. Silver falls more than 7 percent.