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Business udpate: Dow Jones average takes a tumble

NEW YORK — The Dow Jones industrial average fell 189.77 points, or 1.2 percent, to 15,738.79. The Standard & Poor’s 500 index fell 18.30 points, or 1 percent, to 1,774.20. The Nasdaq composite dropped 46.53 points, or 1.1 percent, to 4,051.43.
Benchmark U.S. crude for March delivery slipped 5 cents to close at $97.36 a barrel on the New York Mercantile Exchange. Brent crude, used to set prices for international varieties of crude, rose 44 cents at $107.85 on the ICE Futures exchange in […]

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