Investors are looking ahead to the first round of quarterly earnings this week. JP Morgan Chase and Wells Fargo are the first of the big banks to report before today's opening bell. General Electric and Intel will report later this week.
There have been an unusually high number of companies warning in advance that earnings will miss the mark. So far, about 90 companies in the SP 500 have issued profit warnings.
Stocks sold off ahead of the busy earnings week.
The Dow sank 179 points and the NASDAQ gave back 61 points.
SeaWorld Entertainment expects to report record revenue of nearly $1.5billion for last year. SeaWorld says record attendance at its theme parks in Orlando, San Diego and San Antonio drove the results.
New York City is getting some federal money to help finish building the World Trade Center skyscraper. Officials have cleared the way for $340 million in federal bonds for 3 World Trade Center. The $2 billion, 80 story tower is set to open in 2017.
Pizza Hut is offering pizza by the slice for the very first time. The fast food chain is testing the concept at two stores in Nebraska and Rhode Island. A slice will cost between $2-3. Analysts say it's another example of how established fast food chains are trying to reinvent themselves.
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