Dow Jones Industrial Average Drops As Intel Corporation (INTC) Sinks 1%; AOL Inc (AOL) Shares Surge 18%

U.S. stocks closed lower Monday, extending losses for a second straight session, but the Dow Jones Industrial Average managed to pare losses in afternoon trading after tumbling more than 160 points at the open. Nearly all 10 sectors, save energy, in the S&P 500 closed lower Tuesday, as declines were led by technology and heathcare.