Stock Losses Add up after Weak Consumer Sentiment

Stock Losses Add up after Weak Consumer Sentiment
New York (MarketWatch) – U.S. stocks tumbled Friday as a slew of disappointing corporate earnings combined with a bleak consumer-sentiment reading to weigh the market. The Dow Jones Industrial Average / quotes/comstock/10w! I: dji / postponed (DJIA 10.140, -219,26, -2,12%) fell 200 points, or as 2%, to 10,160, with all of its 30 components in the red, then a University of Michigan survey said that July consumer sentiment plunged to levels last seen in 2009. The gloomy report was the latest in a string of downbeat indicators, which cast doubt on the strength of the U.S. economic recovery. Read on consumer sentiment.