U.S. stocks ended the day sharply lower, with the Dow having its worst day since early October. All ten sectors in the S&P 500 finished in the red for the first time in two months, with the energy sector leading the declines. Meanwhile, the Russell 2000 erased all of its 2014 gains.
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Breaking news after the bell: Walgreen's chief executive will retire after the merger with Alliance Boots is completed. Stefano Pessina, executive chairman of Alliance Boots, will serve as acting CEO until the board finds a successor. Walgreen stock was up nearly 3% after hours.
And you may not realize this, but almost 100% of all Internet traffic at some point crosses through at least one chip made by Broadcom -- and it shows in the stock price. Broadcom is up nearly 50% over the past year. Head to FOXBusiness.com/OnCall for an exclusive interview with the company's CEO about Broadcom's ambitious expansion plans.
Tomorrow we'll be watching initial jobless claims and November retail sales both out at 8:30 a.m. ET.
Be sure to check out all of today's interviews on FOXBusiness.com/OnCall and tune into Countdown to the Closing Bell and After the Bell every week day starting at 3 p.m. ET.