At the end of the day:
NEW YORK (CNNMoney) -- A sell-off on Wall Street gained momentum Wednesday, with the Dow closing below 13,000 for the first time in three months, as investors focused on how President Obama plans to avoid the fiscal cliff after he won re-election Tuesday night.
A weak outlook for economic growth in Europe and European Central Bank president Mario Draghi's warning of a slowdown in Germany also weighed on the market.
Markets
Stocks
Dow 12,932.73 -312.95 -2.36%
Nasdaq 2,937.29 -74.64 -2.48%
S&P 500 1,394.53 -33.86 -2.37%
Bonds & Currencies
10 Year Yield 1.63% -0.11 --
1 Euro $1.2751 -0.0059 -0.4606
Commodities
Oil $84.67 +0.23 +0.27%
Gold $1,716.00 +2.00 +0.12%