Blog: Stocks drop, weighed down by Apple; Dow sinks about 2.8% – Los Angeles Times

The Standard & Poor’s 500 index fell 52 points, or 2.1%, to 2,457 at 10:15 a.m. Eastern time. The Dow Jones industrial average slid 560 points, or 2.4%, to 22,785. The Nasdaq composite, which has a high concentration of tech stocks, retreated 166 points, or 2.5%, to 6,499. The smaller and more U.S.-focused Russell 2000 fell 9 points, or 0.7%, to 1,339.