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.
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.
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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.