1.   Analysts said that managers seemed to be selling the market short to protect their portfolios, a move that also dragged the market down.

2.   And another set of disappointing earnings forecasts from technology companies helped to drag the market down further.

3.   Banks and gold issues dragged the market lower.

4.   A report showing an unexpected decline in big-ticket durable goods items boosted U.S. stocks and Treasury bonds, dragging European markets higher in their wake.

5.   Early declines in U.S. stocks and a slide in the dollar helped drag European markets lower towards the close.

6.   German stocks and bonds fell, dragging markets lower across Europe, as the unexpected sign of vitality darkened the prospect for lower rates soon.

7.   It may drag the market down again, analysts said.

8.   Meanwhile, other European equity markets were dragged lower by the weaker dollar, which hurts export earning prospects at European firms.

9.   On one side are the bad guys, the fading economy and shrinking earnings, which are determined to drag the market lower.

10.   Peruvian stocks dropped in slack trading as sales of brewery stocks dragged the market down.