Tuesday's early afternoon trade: Dow off over 200 points

US stocks fell the most in nearly three months on Tuesday with the Dow tumbling more than 200 points as recent government data rekindled concerns about global growth and a deadline loomed for private holders of Greek debt to agree to hefty losses. Volatility soared, with the CBOE Volatility Index or VIX on track to close above its 50-day average for the first time since November.
More than a dozen stocks fell for every rising issue on the New York Stock Exchange, with bank and miner shares among the top decliners. The Dow Jones industrial average lost 204.57 points, or 1.58 percent, to 12,758.24. The S&P 500 Index dropped 21.66 points, or 1.59 percent, to 1,342.67. The Nasdaq Composite fell 43.27 points, or 1.47 percent, to 2,907.21.