US stocks fell on Tuesday, as investors sold equities after reports indicated a slowdown in growth of both the Web search company Google Inc and the US economy.
Shares of Google dropped 5.3 percent to $369.73, after falling earlier to a session low at $338.51 on Nasdaq. The stock sank after Google's Chief Financial Officer George Reyes, speaking at a Merrill Lynch investor conference, said the Web search company's overall growth is slowing, according to a Dow Jones report.
The Dow Jones industrial average was down 90.38 points, or 0.81 percent, at 11,007.17, after falling 1 percent at midday to a session low at 10,984.86.The Standard & Poor's 500 Index was down 12.69 points, or 0.98 percent, at 1,281.43. The Nasdaq Composite Index was down 23.10 points, or 1.00 percent, at 2,284.08.