SAN FRANCISCO (MarketWatch)
U.S. stocks closed sharply lower for the second straight session Tuesday as investors fretted over the Greek government's efforts to call a referendum on a recent bailout agreement with international lenders, possibly ushering in Greece's exit from the euro zone.
The Dow Jones Industrial Average lost 297.05 points, or 2.5%, to 11,657.96, led by a 6.3% fall in Bank of America Corp.
The S&P 500 lost 35.02 points, or 2.8%, to 1,218.28.
A 4.7% drop in financial stocks led declines across all sectors.
The Nasdaq Composite lost 77.45 points, or 2.9%, to 2,606.96.
It was the second straight session of more than 2% declines for Dow and S&P 500.
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