How the Dow Jones industrial average and other major indexes fared on Tuesday

Markets Associated Press

Stocks closed sharply lower Tuesday as materials companies sank along with the prices of oil and copper. Drugmakers slumped, adding to their losses from the day before.

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On Tuesday:

The Dow Jones industrial average fell 179.72 points, or 1.1 percent, to 16,330.47.

The Standard & Poor's 500 index declined 24.23 points, or 1.2 percent, to 1,942.74.

The Nasdaq composite lost 72.23 points, or 1.5 percent, to 4,756.72.

For the week:

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The Dow is down 54.11 points, or 0.3 percent.

The S&P 500 index is down 15.29 points, or 0.8 percent.

The Nasdaq is down 70.50 points, or 1.5 percent.

For the year:

The Dow is down 1,492.60 points, or 8.4 percent.

The S&P 500 index is down 116.16 points, or 5.6 percent.

The Nasdaq is up 20.67 points, or 0.4 percent.