Tag: global ills

U.S. stocks settled sharply lower Wednesday, turning mild declines into a full-blown selloff as investors worry about Europe’s ability to contain its debt crisis. The Dow Jones Industrial Average lost 179.79 points, or 1.61%, to end at 11,010.90, while the S&P 500 retreated 24.32 points, or 2.07%, to 1,151.06. The Nasdaq Composite declined 55.25, or…