{"id":43657,"date":"2013-04-15T16:44:00","date_gmt":"2013-04-15T16:44:00","guid":{"rendered":"https:\/\/www2.thestockmarketwatch.com\/stock-market-news\/stocks-tumble-post-biggest-one-day-drop-in-2013\/43655\/"},"modified":"2013-04-15T16:44:00","modified_gmt":"2013-04-15T16:44:00","slug":"stocks-tumble-post-biggest-one-day-drop-in-2013","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stocks-tumble-post-biggest-one-day-drop-in-2013\/43657\/","title":{"rendered":"Stocks Tumble; Post Biggest One-Day Drop in 2013"},"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>Stocks tumbled in trading on Monday, posting their biggest one-day drop in 2013, as some weak U.S. and Chinese economic data weighed down sentiment. The disappointing GDP data from China also sparked a huge sell-off in <a href=\"https:\/\/thestockmarketwatch.com\/markets\/commodities\/today.aspx\">commodities<\/a>.<\/p>\n<p><span id=\"more-43657\"><\/span><\/p>\n<p>The <a href=\"https:\/\/stockmarketwatch.com\/markets\/dowjones\/today.aspx\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Dow Jones Today\">Dow Jones<\/a> ended the day 1.79% lower at 14,599.20, the <a href=\"https:\/\/stockmarketwatch.com\/markets\/sp500\/\" data-internallinksmanager029f6b8e52c=\"3\" title=\"snp500 today\">S&amp;P 500<\/a> ended the day 2.30% lower at 1,552.36, and the Nasdaq ended the day 2.38% lower at 3,216.49.<\/p>\n<p>All sectors in the S&amp;P 500 tumbled on Monday. Basic Materials sector was the worst performer, ending the day 4.77% lower. Industrials ended the day 3.66% lower, while Energy sector ended the day 3.64% lower. Financials fell 2.42%.<\/p>\n<p>Among the major losers on Monday were Halcon Resources Corp. (<a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=HK\" target=\"_blank\" rel=\"noopener\">NYSE: HK<\/a>), which ended the day 15.86% lower at $6.42, New <a href=\"https:\/\/stockmarketwatch.com\/metal\/gold-price.aspx\" data-internallinksmanager029f6b8e52c=\"4\" title=\"gold price today\">Gold<\/a> Inc. (<a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=NGD\" target=\"_blank\" rel=\"noopener\">AMEX: NGD<\/a>), which ended the day 15.10% lower at $6.58, Walter Energy Inc. (<a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=WLT\" target=\"_blank\" rel=\"noopener\">NYSE: WLT<\/a>), which ended the day 14.56% lower at $20.60, Sprint Nextel Corporation (<a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=S\" target=\"_blank\" rel=\"noopener\">NYSE: S<\/a>), which ended the day 13.50% higher at $7.06, and Citigroup Inc. (<a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=C\" target=\"_blank\" rel=\"noopener\">NYSE: C<\/a>), which ended the day 0.20% higher at $44.87.<\/p>\n<p>On the economic front, a report released on Monday showed that manufacturing activity in New York slowed more than forecast in April. Meanwhile, homebuilder slipped for a third month in a row in April, according to the National Association of Home Builders.<\/p>\n<p>European markets also slipped on Monday, with the FTSE 100 Index in London closing 0.64% lower, and the CAC 40 Index in Paris closing 0.50% lower. Asian markets also ended mostly lower overnight, with the Nikkei 225 Index in Japan closing 1.55% lower, and the Hang Seng Index in Hong Kong closing 1.43% lower.<\/p>\n<div class=\"nr_clear\"><\/div>\n<div id=\"nrelate_popular_2\" class=\"nrelate nrelate_popular nrelate_default nr_1col nr_text\"><\/div>\n<p>\t<!--[if IE 6]>\n\t\t<script type=\"text\/javascript\">jQuery('.nrelate_default').removeClass('nrelate_default');<\/script>\n\t<![endif]--><\/p>\n<p>\t<script type=\"text\/javascript\">\n\t\/* <![CDATA[ *\/\n\t\tnRelate.domain = \"www2.thestockmarketwatch.com%2Fstock-market-news\";\n\t\tvar entity_decoded_nr_mp_url = jQuery('<span\/>').html(\"https:\/\/web.archive.org\/web\/20130417070925\/http:\/\/api.nrelate.com\/mpw_wp\/0.51.4\/?tag=nrelate_popular&domain=www2.thestockmarketwatch.com%2Fstock-market-news&url=http%3A%2F%2Fwww2.thestockmarketwatch.com%2Fstock-market-news%2Fstocks-tumble-post-biggest-one-day-drop-in-2013%2F43657&nr_div_number=2&maxageposts=7200&increment=1\").text();\n\t\tnRelate.getNrelatePosts(entity_decoded_nr_mp_url);\n\t\/* ]]&gt; *\/\n\t<\/script>\n\n\n<div class=\"nr_clear\"><\/div>\n\n\n<script id=\"mNCC\" language=\"javascript\">  medianet_width='600';  medianet_height= '250';  medianet_crid='814932888';  <\/script>  <script id=\"mNSC\" src=\"https:\/\/web.archive.org\/web\/20130417070925js_\/http:\/\/contextual.media.net\/nmedianet.js?cid=8CUT71M67\" language=\"javascript\"><\/script> \n\n\n\n\n<!-- AddThis Button BEGIN -->\n\n\n<div class=\"addthis_toolbox addthis_default_style addthis_32x32_style\">\n<a class=\"addthis_button_preferred_1\"><\/a>\n<a class=\"addthis_button_preferred_2\"><\/a>\n<a class=\"addthis_button_preferred_3\"><\/a>\n<a class=\"addthis_button_preferred_4\"><\/a>\n<a class=\"addthis_button_compact\"><\/a>\n<a class=\"addthis_counter addthis_bubble_style\"><\/a>\n<\/div>\n\n\n<script type=\"text\/javascript\">var addthis_config = {\"data_track_addressbar\":true};<\/script>\n<script type=\"text\/javascript\" src=\"http:\/\/s7.addthis.com\/js\/250\/addthis_widget.js#pubid=pennystocksfinder\"><\/script>\n<!-- AddThis Button END -->\n\n\n\n\n<p>More Posts by this author<\/p>\n\n\n\n<ul>\n\n\n\n<li><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/stocks-rebound-sharply-after-mondays-sell-off\/43689\">\nStocks Rebound Sharply after Monday\u2019s Sell-Off<\/a><\/li>\n\n\n\n\n\n\n<li><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/gold-prices-gain-traction-silver-prices-also-gain\/43686\">\nGold Prices Gain Traction; Silver Prices Also Gain<\/a><\/li>\n\n\n\n\n\n\n<li><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/u-s-stocks-rebound-after-mondays-sell-off\/43681\">\nU.S. Stocks Rebound after Monday\u2019s Sell-Off<\/a><\/li>\n\n\n\n\n\n\n<li><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/u-s-stocks-edge-higher-in-early-trading-5\/43678\">\nU.S. Stocks Edge Higher in Early Trading<\/a><\/li>\n\n\n\n\n\n\n<li><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/forex-market-update-dollar-trades-broadly-lower\/43676\">\nForex Market Update: Dollar Trades Broadly Lower<\/a><\/li>\n\n\n\n\n\n\n<li><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/gold-prices-recover-but-still-below-1400-silver-prices-also-gain\/43670\">\nGold Prices Recover but Still Below $1,400, Silver Prices also Gain<\/a><\/li>\n\n\n\n\n\n\n<li><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/u-s-stock-futures-point-to-higher-start\/43668\">\nU.S. Stock Futures Point to Higher Start<\/a><\/li>\n\n\n\n<\/ul>\n\n\n\n\n\n\n<hr>\n\n\n\n\n\n<table style=\"border:none;margin:0;\">\n\n\n<tr>\n\n\n<td style=\"padding:5px;vertical-align:top;\" valign=\"top\">\n<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/web.archive.org\/web\/20130417070925im_\/http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/wp-content\/uploads\/userphoto\/5.jpg\" alt=\"edliston\" width=\"125\" height=\"125\" class=\"photo\"><\/td>\n\n\n\n\n<td style=\"padding:5px;vertical-align:top;\" valign=\"top\">\n\n\n<div style=\"font-size:11pt;\"><b>Post Written By: Ed Liston <\/b><\/div>\n\n\n\n\n<div style=\"font-size:10pt;\">\n\nEd 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<\/div>\n\n\n<\/td>\n\n<\/tr>\n\n<\/table>\n\n\n\n\n\n\n\n<!--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>\n<script type=\"text\/javascript\"\nsrc=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script-->\n\n\t\t\t\t\t\t\n\n\t\n\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\n\n<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stocks tumbled in trading on Monday, posting their biggest one-day drop in 2013, as some weak U.S. and Chinese economic [&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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