As the short-term QE3 storyline has officially played out, investors have once again shifted their focus to the fiscal troubles in Europe and the looming fiscal cliff. Stocks have suffered mightly over the past few trading days, and today was no different, as all three major U.S. stock indexes posted declines. However, that wasn't nearly the only storyline worth investors' attention today. Our tech analyst breaks down what happened in the equity markets today with your daily market update.
Despite all the pain from the recent market declines, we all would like to build long-term wealth and retire well. In our free report "3 Stocks That Will Help You Retire Rich," we reveal some stocks that could help you as well as some winning wealth-building strategies. Click here to keep reading.
The article Why the Dow Tanked Today originally appeared on Fool.com.
Andrew Tonnerhas no positions in the stocks mentioned above. You can follow Andrew and all his writing on Twitter at @Andrew Tonner. The Motley Fool has options on American Express. Motley Fool newsletter services recommend American Express. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.