time low. In a separate report, the Labor Department said that Producer Price Index rose 1.6 percent in February-double the 0.8 percent rise in the previous month. The U.S. dollar fell versus the yen but rose versus the euro. Light sweet crude oil for April delivery rose 80 cents to $97.98 a barrel on the New York Mercantile Exchange. Gold futures rose $3.30 to $1,396.10 an ounce. The Dow Jones industrial average fell 242.12, or 2.0 percent, to 11,613.30. All 30 major components of the index fell, with IBM, General Electric, and American Express leading the decline. The broader Standard & Poor's 500 index fell 24.99, or 2.0 percent, to 1,256.88. The technology-heavy Nasdaq composite index fell 50.51, or 1.9 percent, to 2,616.82.
