Stocks down on dip in consumer confidence


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Stocks fell sharply Tuesday after a private research group said consumer confidence unexpectedly fell in June.

Even with the slide, stocks ended the second quarter with sharp gains. The Standard & Poor's 500 index is up 15 percent for the April-June period, its best quarter in a decade.

According to preliminary calculations, the Dow Jones industrial average is down 82 at 8,448. The S&P 500 index is down 8 at 919 and the Nasdaq composite index is down 9 at 1,835.

Four stocks fell for every three that rose on the New York Stock Exchange, where volume came to 1.3 billion shares.

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