Stocks Fall Again; BofA, Alcoa Slide
Stocks declined, as investors weighed slower-than-expected domestic economic growth and continued euro-zone concerns against signs the Federal Reserve may take new steps to bolster the economy.</br></br>The Dow Jones Industrial Average fell 53.59 points, or 0.5%, to 11493.72, its lowest close since Oct. 17.</br></br>Weighing on the downside were Alcoa, which dropped 21 cents, or 2.2%, to $9.26, and Bank of America, which fell 12 cents, or 2.2%, to 5.37. Hewlett-Packard dropped 21 cents, or 0.8%, to 26.65, after the technology company issued a downbeat earnings outlook for the current quarter and the next fiscal year.</br></br>The S&P 500-stock index fell 4.94 points, or 0.4%, to 1188.04.</br></br>The Nasdaq Composite lost 1.86 points, or 0.1%, to 2521.28.