• Dow -115.07 at 12133.48, Nasdaq -23.92 at 2749.39, S&P -12.19 at 1300.75

Market news

3 June 2011

Dow -115.07 at 12133.48, Nasdaq -23.92 at 2749.39, S&P -12.19 at 1300.75

The major market averages opened sharply lower with all three indices trading down close to 1.0%. Commodity-related names are the worst performers with materials down 1.4%, industrials lower by 1.4%, and energy off 1.2%.

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