U.S. stocks hit again as German auction weighs

NEW YORK (MarketWatch)
U.S. stocks on Wednesday finished steeply lower, with the S&P 500 down for a sixth day, after a German debt auction drew soft demand.
"They only sold half their bonds, that goes to the heart of Europe, as Germans are already reluctant to bail out the rest of Europe," said Mark Coffelt, portfolio manager of the Empiric Core Equity Fund.
The Dow Jones Industrial Average lost 236.17 points, or 2.1%, to close at 11,257.55.
In its longest losing streak since early August, the S&P 500 declined 26.25 points, or 2.2%, to 1,161.79.
The Nasdaq Composite Index fell 61.20 points to 2,460.08