Stocks fell sharply and oil prices spiked to their highest level in two years Tuesday as unrest in Libya worsened. Oil prices jumped 6 percent to $95 a barrel. The Standard & Poor's 500 had its worst day since Aug. 11.
The Dow Jones industrial average fell 178.46 points, or 1.4 percent, to 12,212.79.
The Standard & Poor's 500 index fell 27.57, or 2 percent, to 1,315.44.
The Nasdaq composite fell 77.53, or 2.7 percent, to 2,756.42.
For the year to date:
The Dow is up 635.28, or 5.5 percent.
The S&P is up 57.80, or 4.6 percent.
The Nasdaq is up 103.55, or 3.9 percent.