{"id":27332,"date":"2012-05-17T15:37:00","date_gmt":"2012-05-17T15:37:00","guid":{"rendered":"https:\/\/www2.thestockmarketwatch.com\/stock-market-news\/stocks-headed-for-a-sharply-lower-finish-3\/27327\/"},"modified":"2012-05-17T15:37:00","modified_gmt":"2012-05-17T15:37:00","slug":"stocks-headed-for-a-sharply-lower-finish-3","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stocks-headed-for-a-sharply-lower-finish-3\/27332\/","title":{"rendered":"Stocks Headed for a Sharply Lower Finish"},"content":{"rendered":"<p><script type=\"text\/javascript\"><!--\ngoogle_ad_client = \"ca-pub-1408583772585547\";\n\/* SMW - News Links *\/\ngoogle_ad_slot = \"3490797620\";\ngoogle_ad_width = 468;\ngoogle_ad_height = 15;\n\/\/-->\n<\/script><br \/>\n<script type=\"text\/javascript\" src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script><\/p>\n<p><!--Ad Injection mfunc mode ad include code--><!--mfunc include_once('\/mnt\/Target01\/327806\/www.thestockmarketwatch.com\/web\/content\/stock-market-news\/wp-content\/plugins\/ad-injection\/adshow.php') --><!--\/mfunc--><\/p>\n<p>Stocks are headed for a sharply lower finish in trading today as concerns about Greece continue to weigh down investors\u2019 sentiment. Earlier today, Fitch downgraded Greece\u2019s credit rating by one notch to CCC from B-. Fitch downgraded Greece\u2019s credit rating amid heightened risk that the country may be forced to exit the euro zone.<\/p>\n<p><span id=\"more-27332\"><\/span><\/p>\n<p>Stocks have also been pushed lower by some weak economic data. All three major indexes are currently near session lows. The <a href=\"https:\/\/thestockmarketwatch.com\/markets\/dowjones\/today.aspx\">Dow Jones<\/a> is currently trading 0.65% lower at 12,516.09, the <a href=\"https:\/\/stockmarketwatch.com\/markets\/sp500\/\" data-internallinksmanager029f6b8e52c=\"3\" title=\"snp500 today\">S&amp;P 500<\/a> was trading 1.06% lower at 1,310.70, and the <a href=\"https:\/\/thestockmarketwatch.com\/markets\/nasdaq\/today.aspx\">Nasdaq<\/a> was trading 1.57% lower at 2,828.92.<\/p>\n<p><!--Ad Injection mfunc mode ad code--><!--mfunc adshow_display_ad_file_v2(array('ad_random_1.txt'), array(100), array('align' => 'float right', 'clear' => '', 'margin_top' => '', 'margin_bottom' => '', 'padding_top' => '', 'padding_bottom' => ''), array(), array()) --><\/p>\n<div style=\"float:right;margin-left:5px;\"><script type=\"text\/javascript\"><!--\ngoogle_ad_client = \"ca-pub-1408583772585547\";\n\/* SMW - in News 300 *\/\ngoogle_ad_slot = \"5684630733\";\ngoogle_ad_width = 300;\ngoogle_ad_height = 250;\n\/\/-->\n<\/script><br \/>\n<script type=\"text\/javascript\" src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script><\/div>\n<p><!--\/mfunc--><\/p>\n<p>All sectors in the S&amp;P 500 are down sharply in trading currently. Industrials are leading the losses in the S&amp;P 500 in late trading. At last check, the sector was trading 2.09% lower. Financials are also down sharply in late trading. At last check, the sector was trading 1.30% lower. Transportation stocks are currently trading 1.87% lower.<\/p>\n<p>Among the major losers in late trading today are Advance Auto Parts Inc. (<a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=AAP\">NYSE: AAP<\/a>), which is currently trading 15.63% lower at $69.23, GameStop Corp. (<a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=GME\">NYSE: GME<\/a>), which is currently trading 9.26% lower at $18.91, Dollar Tree Inc. (<a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=DLTR\">NASDAQ: DLTR<\/a>), which is currently trading 5.08% lower at $96.15, and Martin Marietta Materials Inc. (<a href=\"https:\/\/thestockmarketwatch.com\/markets\/nyse\/today.aspx\">NYSE<\/a>: MLM), which is currently trading 1.91% lower at $67.29.<\/p>\n<p>Among the major gainers in late trading today are Media General Inc. (<a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=MEG\">NYSE: MEG<\/a>), which is currently trading 31.53% higher at $4.13, Children\u2019s Place Retail Stores Inc. (<a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=PLCE\">NASDAQ: PLCE<\/a>), which is currently trading 4.83% higher at $46.68, and NetEase (ADR) (<a href=\"https:\/\/thestockmarketwatch.com\/markets\/nasdaq\/today.aspx\">NASDAQ<\/a>: NTES), which is currently trading 4.94% higher at $60.54.<\/p>\n<p>More Posts by this author<\/p>\n<ul>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/market-updates\/stocks-end-lower-post-biggest-weekly-drop-of-2012\/27448\"><br \/>\nStocks End Lower; Post Biggest Weekly Drop of 2012<\/a><\/li>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/market-updates\/stocks-in-red-in-late-trading-6\/27431\"><br \/>\nStocks in Red in Late Trading<\/a><\/li>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/market-updates\/jp-morgan-knowing-the-future-playing-god\/27425\"><br \/>\nJP Morgan &#8211; Knowing the Future, Playing God<\/a><\/li>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/recent-events\/business-news\/gold-and-silver-prices-remain-in-green-3\/27419\"><br \/>\nGold and Silver Prices Remain in Green<\/a><\/li>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/market-updates\/u-s-stocks-inch-higher-facebook-commences-trading-on-nasdaq\/27415\"><br \/>\nU.S. Stocks Inch Higher, Facebook Commences Trading on Nasdaq<\/a><\/li>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/recent-events\/business-news\/bidz-com-bidz-signs-going-private-merger-agreement\/27393\"><br \/>\nBIDZ.com &#8211; BIDZ &#8211; Signs Going Private Merger Agreement<\/a><\/li>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/recent-events\/business-news\/resolute-abh-increases-ownership-of-fibrek-to-74-56\/27392\"><br \/>\nResolute &#8211; ABH &#8211; Increases Ownership of Fibrek to 74.56%<\/a><\/li>\n<\/ul>\n<hr>\n<table style=\"border:none;margin:0;\">\n<tr>\n<td style=\"padding:5px;vertical-align:top;\" valign=\"top\">\n<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www2.thestockmarketwatch.com\/stock-market-news\/wp-content\/uploads\/2024\/08\/5.jpg\" alt=\"edliston\" width=\"125\" height=\"125\" class=\"photo\"><\/td>\n<td style=\"padding:5px;vertical-align:top;\" valign=\"top\">\n<div style=\"font-size:11pt;\"><b>Post Written By: Ed Liston <\/b><\/div>\n<div style=\"font-size:10pt;\">\n<p>Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing in his yacht.\n<\/p><\/div>\n<\/td>\n<\/tr>\n<\/table>\n<p><script type=\"text\/javascript\"><!--\ngoogle_ad_client = \"pub-1408583772585547\";\n\/* 336x280, created 7\/9\/11 *\/\ngoogle_ad_slot = \"3552319058\";\ngoogle_ad_width = 336;\ngoogle_ad_height = 280;\n\/\/-->\n<\/script><br \/>\n<script type=\"text\/javascript\" src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script><\/p>\n<div style=\"margin:5px;margin-bottom:20px;font-size:11pt;\">&laquo; <a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/\">Return to Stock Market News<\/a> &laquo; <\/div>\n","protected":false},"excerpt":{"rendered":"<p>Stocks are headed for a sharply lower finish in trading today as concerns about Greece continue to weigh down investors\u2019 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50312,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center 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