Dow Jones Industrial Average Plunges 170 Points After Greece Misses Payment Deadline To International Monetary Fund

U.S. stocks traded sharply lower Thursday, with the Dow Jones Industrial Average tumbling nearly 200 points in afternoon trading, as Greece opted to delay a debt repayment to European creditors, sparking fears that Athens is edging closer to bankruptcy. All 10 sectors in the S&P 500 traded lower, led by declines in the materials, energy and technology sectors.