DEBT WORRIES: A three-day winning streak in the stock market came to an end Wednesday as investors worried about Europe's ability to contain its debt crisis.
EUROPE WOES: Traders focused on remarks from German Chancellor Angela Merkel suggesting that the second bailout package for Greece might have to be renegotiated. Several European leaders want banks to take bigger losses on Greek bonds. France and the European Central Bank oppose the idea.
THE DOW: The Dow Jones industrial average fell 179.79 points, or 1.6 percent, to close at 11,010.90. It had gained 413 points over the past two days.