Stocks reversed early gains today amid skepticism over Iraq’s reported agreement on weapons inspections. Also, a profit warning from McDonald’s Corp. renewed concerns about corporate earnings. The Dow Jones industrial average closed down 172.63, or 2.06%, at 8,207.55; the S&P 500 fell 17.6, or 1.97%, ending at 873.5; and the Nasdaq composite closed down 15.94, or 1.25%, at 1,259.94.
All numbers are preliminary.
