The Dow Jones Industrial Average fell sharply Wednesday following President Obama’s re-election, as investors absorbed the reality that the same political players in Washington, D.C., now must address the nation’s so-called fiscal cliff, which looms at year’s end. The Dow was down by about 280 points at 3 p.m., just over 2 percent, to under 13,000, after falling as much as 369 points earlier in the day. Financial and energy stocks were hit particularly hard.
Unlimited access to BostonGlobe.com for only 99 cents for the first 4 weeks.Sign up
Are you a home delivery subscriber?
Get FREE access as part of your print subscriptionStart Here
Contact us for help