Photo: Google Finance

In less than one trading session, the Dow has fallen back below 14,000 and the S&P 500 has fallen back below 1,500.Political uncertainty has returned to Spain and Italy, which caused their markets to tank.

But the optimists are likely to say that today’s sell-off is just a little bit of profit taking.  Indeed, stocks closed on Friday at their highest levels since late 2007.

Regardless, it’s an ugly day so far.

Click Here For Full Coverage Of Today’s Sell-Off >

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