NEW YORK (AP) -Technology companies led stocks broadly lower, getting the market off to a weak start for the month after a strong November.
Traders were focusing on more tensions between the U.S. and China and weak reports on manufacturing and construction spending.
Homebuilders fell broadly after a government report showed that spending on construction projects declined unexpectedly in October.
Energy companies held up well as oil prices jumped. The Dow lost 268 points.