Wall St falls apart in the worst quarter since the collapse of Lehman

U.S. stocks fell on Wednesday at the end of a disappointing second quarter, in another low volume session as investors found little reason to be at risk to conflicting economic data.

Wednesday's session ended like many others during the quarter, with a last-minute sell-off due to buying interest waned and investors sold the worst performers in the worst quarter since the crisis hit market the collapse of Lehman Brothers."He removed all the garbage on the side of the boat," said Peter Kenny, managing director at Knight Equity Markets.

"If I had a little extra boost, they would be able to sell these things a little more expensive and would not have this kind of pressure at the end of the day," he said.The Dow Jones industrial average fell 96.28 points, or 0.98 percent to 9774.02 points. The Standard & Poor's 500 lost 10.53 points, or 1.01 percent to 1030.71 points.

The Nasdaq Composite fell 25.94 points, or 1.21 percent to 2109.24 points.

In the second quarter, the Dow Jones lost 10 percent, while the S & P 500 and Nasdaq is down about 12 percent due to concerns about sovereign debt in Europe and the sustainability of economic recovery in United States .

The S & P fell below the 1,040 points it had held since February, which come in a technical correction to the low suggesting that there could be a further decline in the next five months.

Technology shares were among the hardest hit, in a session in which the roles of Google Inc shed 2.1 percent to $ 444.95, and Apple Inc lost 1.8 percent, to 251 , $ 53.

Data published on Wednesday showed business activity in the Midwest grew slightly more than expected in June, but a report showed weakness in private sector employment, a critical part of economic recovery.

The index of oil services sector of Philadelphia was among the few that stood out, with an increase of 0.02 percent, helped by an increase of 1.8 percent in the shares of Baker Hughes Inc, to $ 41.57.

The index has fallen 20.3 percent in the quarter, and 22.4 percent from BP Plc's oil spill in the Gulf of Mexico.