RALLY OVER: Stocks fell, ending a four-day rally, after regulators took action against a former Goldman Sachs subsidiary over its mortgage and foreclosure practices. Investors were also worried that a jobs report due out Friday could revive fears of a new recession.
UP, THEN DOWN: The Dow Jones industrial average fell 119.96 points, or 1 percent, to 11,493.57. It rose as many as 103 points shortly after 10 a.m., when a manufacturing report showed evidence of growth in August. It turned lower after regulators announced enforcement actions against a former subsidiary of Goldman Sachs at 1:30 p.m.
RETAIL SALES: Retailers rose after several companies reported August sales gains that beat analysts' estimates.