Stocks dropped over new concerns about Spain’s debt and fears US lawmakers will fail to agree on plans to cut the US deficit. Commodity and technology shares posted the biggest declines. The negative vibes overshadowed news that claims for jobless benefits fell to the lowest level in seven months and October housing starts exceeded forecasts, signaling gains.
For more from BostonGlobe.com, sign up or log in below
To continue, please sign up or log in to BostonGlobe.com
Access the full articles and quality reporting of The Boston Globe at BostonGlobe.com
Sign up
Unlimited Access to BostonGlobe.com for 4 weeks for only 99¢.
Are you a Boston Globe home delivery subscriber?
Get FREE access as part of your print subscription.
BostonGlobe.com subscriber
Click to continue reading this article or to log in to BostonGlobe.com.
