US Close 1 Mar 18: Dow off 381pts, S&P down 1.1%

US sharemarkets fell on Wednesday with retailers and technology stocks doing best.  Dow Jones ended near the lows for the day, down by 381 points or 1.5%. The S&P 500 index fell by 1.1%. And the Nasdaq lost 57 points or 0.8%. Investors digested earnings results as well as softer economic data.  In US data the economy grew at a 2.5% annual pace in the December quarter, down from the  preliminary estimate of 2.6%. 

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