(Reuters) - The S&P shed about $300 billion in market value in the worst single session since the February 27 global market sell-off, with surprisingly weak earnings reports also weighing on stocks. Even with the sharp decline, the Dow and S&P 500 are within 5 percent of their respective record highs.
A drop in quarterly profit at Exxon Mobil Corp., helped wipe out more than $16 billion in market value of the world's largest publicly traded company.
Read more at Reuters.com Hot Stocks News
A drop in quarterly profit at Exxon Mobil Corp., helped wipe out more than $16 billion in market value of the world's largest publicly traded company.
Read more at Reuters.com Hot Stocks News
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