Dow average closes down 92.59

The Dow Jones industrial average closed down 92.59, or 0.9%, at 10,609.92.

The broader gauges also closed lower. The Nasdaq composite index closed down 37.79, or 1.8%, at 2,116.04. The Standard & Poor’s 500 index closed down 11.32, or 1%, at 1,144.05.