Closing Bell

Stocks tumbled Thursday after a disappointing outlook from Cisco Systems Inc. rattled a market already on edge as an economic summit of world leaders got under way in South Korea. Global leaders were sharply divided over currency and trade policies heading in to the Group of 20 summit meeting in Korea, and a sense of pessimism was hanging over the start of the meeting of top officials from rich and emerging economies. The Dow Jones industrial average fell 73 to close at 11,283, after trading down as much as 126 earlier in the day. The index fell for three out of the last four sessions. The Standard & Poor's 500 index fell 5 to 1,213. The Nasdaq composite dropped 23 to 2,555. Volume was a bit lighter than in recent days because of the Veterans Day holiday. Bond trading is closed for the holiday. Another good day as we were buying the morning weakness. Keep an eye out for the financial sector as it looks poised for a move higher. Some stocks include MS, BAC, JPM and GS.