Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Stock Market News Update for Tuesday, November 16, 2010

Tuesday saw U.S. stocks tumble, with all three major indexes down nearly 2%, as investors cast a worried eye at economic developments in Europe and China.

The Dow Jones industrial average (INDU) finished 178 points lower, or 1.6%, with Alcoa (NYSE:AA) and Travelers Companies (NYSE:TRV) leading the blue chip index's decline. Earlier in the session, the Dow fell more than 200 points.

The S&P 500 (SPX) fell 19 points, or 1.6%. The tech-heavy Nasdaq (COMP) lost 44 points, or 1.8%.

The Dow and the S&P posted the biggest one-day losses since Aug. 11 and Aug. 19, respectively. The Nasdaq's drop was the largest since Oct. 19.

For further details see this link:

Disclosure: several