Can you believe it Walt Disney Co. DIS and Intel Corp. INTC led the Dow lower, dropping 3.7% and 3.3%, respectively.
The S&P 500 index SPX -2.50% dropped 40.74 points, or 2.5%, to 1,588.19, marking its biggest decline since Nov. 9, 2011.
All 10 of the index’s major industry groups ended lower, with consumer staples and utilities posting the biggest declines.
